GREY:BHNGF - Post by User
Post by
ploddinalongon May 30, 2000 8:00pm
328 Views
Post# 1989372
Amusing
Amusing Every person who posts has an underlying motive. The negativity of late is typical Canadian investor psychology. Immediately after major news is released, the old axiom says sell. Next day or two, short. All the crap that is being posted is by shorters. Once we've reached the low, (already happened) this will transpire. As of yet, the less intelligent shorters are not aware that the low has been reached.
Financials. Sure, they won't be impressive. Have you ever started a business? It takes time. The stock market looks at future earnings potential. Once the pressure from shorting eases, this equity will be valued on two things.
1) Quality of product. It is clearly the best site available in Canada for the self-reliant investor. Time will tell if this is true.
2) Earnings/earnings potential. I don't have a clue how many people will be transferring. All I know is that I did, and speed of service and lower commissions have already saved me money.
Shorters . . . a fact of life. You don't have to like them. You also don't have to be manipulated by them. Ask youself if this is a good company with the potential to earn significant mafket share. It's clear to me that they will. The share value at that time? No idea. The way not tobe manipulated by shorters . . . don't sell. Like mosquitoes, they eventually go away.