GREY:AZDDQ - Post by User
Comment by
Blindbat1on Oct 07, 2006 6:00pm
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Post# 11476588
RE: BLINDBAT
RE: BLINDBATBUY ON RUMOUR AND SELL ON NEWS
Where in that comment above have you seen the term AT ANY PRICE ? ever heard buy LOW sell HIGH.
The pattern that developped Friday was one of SELLER driving the price - and driving it down/stalling. When on good news it should have been the reverse, buyers driving it upwards.
Fundamentals: Name all the potential customers in the world that you want my friend - sign all the MOU's till you are blue in the face.
End of the day, ME as the OWNER (among many) of AZD , I look at the balance sheets - and what I see is A LOT of expenses and MINIMAL revenue = deficit at end of quarter, that my friend is part of weak fundamentals.
Now for me and others to decide if they want to continue investing, base on the other NON tangibles surrounding the Company.
In short Dollar talks bullsh_t walks. I am long with a large position in AZD hence I have faith in the technology and the team of the corporation.
That's my decison to do so, but doesn't change the fact that fundamentals are weak - talk to any Seasoned Investment councellor or Financial guru and they'll tell you the same.
No emotion involved - no love/hate story involved - end of the day I am in this for the money nothing else and could'nt careless if the receptionist is Pamela Anderson and the CEO Warren Buffet, I'll fire both if the company does not make me money !