My Monthly just to converse BLOG - JUNE, 2009 Volume 1.
Blogs were originally added to the internet as a place to air ones thoughts/opinions/etc. They have become a communication vehicle when you want to have a discussion with a wide audience. In this case, I'm going to have a monthly blog just to banter with. While I am not a stock expert and do not pretend to be, I am "opinionated" and don't mind sharing.
I'm starting to get some questions in my prolific pitches and some comments on occasion where a blog might be a better place to respond.
I'm also getting some "hate mail" in my pitches. This tells me I've hit a nerve. Two were pumpers who made no picks. (MDVX.OB, RCNI) One CAP's "player?" created a whole new profile just to tell me what he/she thinks of me. TSIFisaFOOL is actually a true statement and a catchy username. Besides spamming me with a spoof of my identity and a few pitches, the child has apparently moved on to other targets.
No, I don't pretend to know anything. I have lots of opinions. The ones that end up being "wrong" are free. If you make money from them then I'll give you my paypal account for your deposit.
I find that despite treating my pitches as an open forum to my thoughts and leaving me vulnerable to being proven wrong, that as a whole they are useful, especially in this market, where I'm more a "trader" than a long, as I use to be. They remind me why I picked them when I forget! They are open to the world, and I enjoy thoughtful replies and differing opinion. (AXL, BTAHY.PK, ATPG) I've changed my thumb a few times upon learning more. (DNDN, HEB).
I also find that when I'm proved really, really wrong by a CAP's call that it's time to reevaluate. If I upthumbed something and it drops by 20-50% I sometime buy it. While my DD and analysis is limited on CAPs, due to time, it is a nice place marker to come back to when it stands out in BIG RED points or BIG GREEN Points.
So I'm happy to have some banter when appending to a pitch just doesn't fit, doesn't satisfy your calling me out, you want to blow off some steam, or you want some of the kool-aid that I've been drinking. Warning, sometimes I do better when I "short myself". The Kool-Aid does remind me that opinions are also free if you bring the alchohol, but they should certainly then be taken with a grain of salt, (great if you like Margaritas)!
So Blogging on, here's to June. The Sell in May and go away crowd missed out. Let's see whose hanging around for June!