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Wireless Matrix Corporation WSMXF



GREY:WSMXF - Post by User

Bullboard Posts
Comment by workrestplayon Dec 12, 2000 7:22pm
473 Views
Post# 2977964

RE: the way I see it

RE: the way I see itAs I have stated before, one thing I have learned from investing: Never make a predition of a price tied to a date (though for fun I sometimes do). No one knows the future. If Bush wins the election, the market bounce should be 300 points on the NASDAQ, if Gore wins, the decline will continue. Will WRX be $ 20 based on two annoucement before Christmas - not likely. But at the same time, what type of market see RIM's value drop to $ 85 one week and back to $ 145 the following week? The type of market that is over run with small investors who trade on emotion and not knowledge. ROB TV talks about RIM all the time, so lots of new traders are familiar with RIM, and think they can see a pattern, or a reason to buy. Who owns WRX - institutions, funds, ect.. The little guy does not know about WRX, not until the price rises dramatically, then ROB TV will talk about the stock, and all the small investors will believe they have been informed about something. Keep in mind, ROB TV, reports what is occurring, and what has ocurred - they provide no, or very little, insight as to what will occur; but they love to talk to economists who predict a recession in the US. A recession with unemployment at 4%? - I must have missed that day in school. One week the economy is too hot, now it is slowing too fast - guaranteed, the economy is always doing one of the two.
Bullboard Posts