RE:WHO WAS THE BIGGEST INVESTOR IN TELESTA - FOLLOW THE MONEY?Ill give you a thought or two (or 10)based on 20 plus yrs of stock investing..Its my opinion that this stock was artificially inflated right from the 50 cent range.And the charts prove it for anyone willing to take the time to study them.For example,the stock mostly rose on news(many will doubt that fact but too bad..study the charts).The buying houses all through that time articulated the buys through the same brokerages (always the consistant same 3or 4)
They took full advantage of hype and steady price increase to create an allusion of value.To a real investor this company never should have had a $3-4 billion market cap..its absolutely insane to think that...WE DONT EVEN TURN A PROFIT..!!! I often wonder what we actually have on this BB..INVESTORS ..OR DREAMERS???
I undertsand I'm being harsh..hence my many ignores..but I tell it from the heart and many dont like it.They would rather stick a poster on ignore and stick their own heads in the ground.
Some here talk of shorters and manipulation..good Lord..of course thats what it all was..thats what HEDGE FUNDS DO.And dummies actually though these people were helping PLI??
The facts are simple...shareprice wise,we will start over..the hedge funds are finished their game and destroyed the hopes of many..thats what they do.
As for PLI..we pick up the pieces and either sell and move on or wait until PLI gives some better guidance in the future.But a warning from me...this stock could and will be targeted by these same funds again..so invest wisely and dont invest based on talk on this BB..we all dont know anything we only offer opinions...and they are largely wrong lol.
I dont know what we will do pricewise..go to 35 cents again ? go even lower? level out at 70 cents?Nobody knows.
What I will say is I wish the nonsense about lawsuits would stop..you guys show your ignorance about how the market works.. and you sound plain stupid and uneducated.But then again this BB is full of crybaby losers isnt it? Some of you guys have joined the loser club...grow a pair of balls,grow up learn from YOUR mistakes and move on...
Thats what I've had to do few times the last 20 years ..it aint easy but life goes on.