I'm selling! There are high expectations for RENT
to be trading around $2 within 6 months. I have
extensive holdings, so I'll unload shares every few days
for the next couple of weeks to try to keep the price
from dropping as I sell. The volume is so low that may
be difficult to do, but I'm going to at least
try.
Good luck to all you longs; you're going to need it!
You're missing the point. No one is criticizing
David for remaining bullish on RENT as it has dropped
from $10.375 to now under $4. David is being
criticized for hyping the stock -- simple as that. The fact
that David is such a moron that he has continued to
hype the stock as it fell from $10.375 to under $4 has
only made people more disgusted with
him.
However, I'm beginning to think Keith is right and that
David is just a dimwitted dupe being played for a fool
by a RENT insider. At any rate, the problem people
have with David is that he is a hypster.
Be very careful. Defending a hypster is just as disgusting as being a hypster.
David,
Your last post is hilarious!!!! You
wrote, "I cannot begin to count how many hours I spend
researing (sic) the company before I take a long term
position."
How many hours did you spend researching RENT before
you decided to continue hyping it at $10 and as it
continued to fall to now below $4??? We can all see that
those were hours well spent, loser. It is incredible
just how stupid you are!!!
Thanks for your post, Ken.
Completely, agree. The poster has made his point to the limits of redundancy.
It's easy to criticize someone when they stay bullish on a stock that is taking a pounding...if & when Rentrack gets a pop & makes a bid move will you praise him???
Your last post proves what an amateur investor
you are. I buy stocks under 3 different
circumstances. 1) Long term holds for stocks which I consider to
be undervalued and whose companies are growing, 2)
day trades on momentum plays and 3) rumors whicj
appear to be well founded. FP falls into the last
category. The company publicly announced it had hired Bear
Stearns to dind a seller EXPEDIENTLY. There are 11
analysts on FP with strong buys or buys. The stock was
undervalued at $15. The call activity had been extremely
heavy with a large open interst for October 17 1/2 ,
October 22 1/2 ans october 25s. If you had the
intellignece to look at the enormous volume both on common and
calls, you would see that institutional money was
betting on a buy out. I generally avoid buy out rumors
unless the company is sound and at a fair price absent
the buy out and unless I see unusual call activit. If
I see those, I am willing to play it. as for my
long holds, I cannot begin to count how many hours I
spend researing the company before I take a long term
position.
Some of you have made your point. You do not like
David. I personally have no problem with him. He has
every right to speak his opinion. You have every right
to agree or disagree with him but do not waist
everyone on this threads time by continually ripping
him.
Send him an email if you must but leave the threads
for talk about the stock itself.
ken
To All:
Just came across this beautiful
quote from that dimwit David (DZCP1) who has been
hyping RENT from $10 to now below $4. On the Silicon
Investor FP page David wrote,
"Been long about a
week. I know nothing about the company's management or
the company for that matter."
What a joke!!
This must be the same kind of due diligence David did
before he started hyping this RENT crap all over the
place!!
If his admission wasn't enough, his investment in
RENT proves that he is too stupid to be able to do any
meaningful due diligence.
If you want to read the
entire idiotic post of his, it is
at:
http://www.techstocks.com/~wsapi/investor/reply-5791548
David,
You now tell us that you never told
your friends to sell at $10. So, you now admit you
told your friends this was a great stock as it fell
from $10 to $9 to $8 to $7 to $6 to $5 to $4 and now
to below $4!!! Your "friends" would have been better
off if they had stuffed their money in a mattress,
you moron!
Keith--
We get your point! You hate RENT.
Think it is a stupid investment and that David is a
jerk for misleading all of us. You've made your case
several times and thoughtful people will consider it like
all the other opinions expressed here.
However, you've also indicated that you don't have a
material interest in the stock. I, therefore, can't
understand why you feel the need to constantly repeat your
warnings. Either you've been burned by "hype" and are
venting, you've shorted the stock and want to drive the
price down, or you are just bored and like to see what
you type on the internet.
If you do not stand
to gain materially and are simply trying to be a
good citizen, THANKS. We hear you. But
enough.
DMS