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Sapient Corp. Message Board

  • bardonow bardonow Dec 10, 2003 4:40 PM Flag

    kerflush

    lower highs and lower lows.

    Not bullish for SAPE.

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    • I'm not going to try to change your mind. Buy and sell whatever stock you want.

      You've told me why you think it is a dog. I can respect your view. To me, the value of this stock is at whatever I can get somebody else to buy it from me. It seems that price is significantly higher than I paid for it, is significantly higher than you would pay for it, but not significantly different than what the market demands. Right now that is roughly 4.80 a share.

      They are making money, they have money in the bank, they are still growing. You make it out like stockholders are throwing money into the garbage.

    • OK alloutofnames, I've told you why I think this is a dog(no fundamentals, moves due to hedge fund traders, old glory of dot.com days, etc). Tell me why I'm wrong and don't say because it has gone up. I want a reason for you to change my mind on Egomanic, Inc...er, I mean Sapient. What's your logic. How does this compare in terms of valuation to other companies that do the same? Until you say something intelligent, I am going to assume you just have a crush on Jerry :)

    • Nice Try ,but no thanks.

      I started to buy this guy back before he was a dollar, and the minor fluctuations it is experiencing now are small blips on the chart of my overall portfolio.

      As I exposed to the board in a previous post, you've already stated your position that this is overpriced. You called it an overpriced pig at $3, and you implied that it wasn't even worth half that.

      Meanwhile, it continues to fly at 3 times what you say it's worth. You are blind to a chart that is pointing up. If you can't absorb that, you are the one who needs to stick to the mutual funds.

    • <i>Hey, I don't pretend to know about options, but if I understand anything about them, I'd say your offer is worthless to me.</i>

      The value of options is that you can buy more with less money. You only have to front me the $1/option, as opposed to $5/share. Thus, if you're really bullish on this POS, you can buy 5 times as much.

      My comment was facetious though, as I was making fun of you and your attraction to this Dog. You are obviously an unsophisticaed investor, and I hope your exposure to this stock is minimal, as this is a stock that professional traders move up and down. I have personally traded this one to death. There is no real value here, only an old brand and stooges to be fleeced. If you're a small time investor, there are better places to put your money. I am of course short, but have been long on five different occassions. My advice to you is to buy mutual funds until you know what you're doing.

    • This stock made an incredible turn around today in the face of a small cap correction.

      Typical year end action setting up for a nice rally in January! Unless, of course, your M.O. is doom and gloom...in which case, dissing stocks is probably the least of your concerns.

 
SAPE
16.46+0.18(+1.11%)Apr 17 4:00 PMEDT

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