Let me hear the celebration...WHC hosts year end
party with it's management team as the entertainment.
They are really not managers, they are
Love to watch my money shrink to new low levels...hope
evryone had some spending $$$$ set aside for the
holidays, 'cuz this POS will be a penny stock
Happy Holidays....I'll watch the obituaries in hopes of
seeing the report of an atomic bomb set off in Florida.
I hate this f@#$%ing company.
Javelin,...that was an excellent post, right from
the head and with zero bull, agree with you 100%,
when the final cards are dealt, the winners will be
the ones with the facts (value cards), those with
blue sky type of stocks, and "hope to, when and if
this that or the other" will surely suffer cuz they
will not have the real cards that takes for the final
draw. On another note today we finally broke through
the $9.00 resistance.
Okay I admit it! PZN got me for about 7K
Thats why I dont trust any of these so called prisoner
watchers cause Ive start wondering whos watching
Seems like those boys make a lot of money! To much if
you ask me.
Better watch em
As a 63 year old (40 year) market investor, I
have always concentrated on value situations. The
recent infatuation with momentum investing has been very
rewarding for many people - but they haven't a clue about
why they have been making money. When the market
turns, it will be H*** on them and their money.
is a value situation with what appears to be growing
momentum after a disastrous slide from above $40 a share.
It looks good to me. But it will take some patience
on the part of investors to let it run up to where
it probably belongs (in my opinion, above
Good luck to all momentum investors, you will need it
- value investors don't need nearly as much luck
although a little bit is always appreciated.
My response is simple, I like the industry. I've
done well with CPV buying low and selling high and
collecting some nice dividends..I too got hammered on PZN,
but that doesn't mean I hate the industry because
management was not telling the truth about over-building and
it's effects. You and I lost money because management
lied, doubling their cost of debt and making equity
unavailable, this is what caused them into their present
situation, IMO. I have learned an expensive lesson about
private subs, if you have any idea what I'm talking
I flip hot IPO's and have for 15 years. Talk about
many of these having no relation to business
fundamentals or reality...jeez. they don't always go hand in
hand. It's fun and games and momentum...
seems like you represent the present day investor, the
polar opposite of Warren Buffett. If the stock goes
down you assume the industry and the stock market is
horrible. If the stock is going up then management is doing
the right things. You never talk fundamentals just
stock prices. I've made some great buys in industries
(Mortgage REIT's) in the dumps.
In momentum markets
like now you can play hyper P/E stocks and everyone
calls themselves a long termer. When the sh*t hits the
fan you will need earnings and dividends, not
promises to support your stock price. Good Luck.
Flipper,are you a paid propagandist for the
corrections industry? I lost my shirt on PZN when u were all
ga ga about corrections stocks during the past 2
years and lo and behold I come into yahoo after a long
absence and what do I c but u again talking about how
wonderfuf the WHC/CPV relationship works! As u know , these
co's stock prices have hit the wall and long term
investors like myself have lost a ton of $$$ on both of
them. Really, WHAT GIVES W/YOU?? (In response to
Flippers post 12/15/99)
Short term Stochastic buy signal from December
21, was corroborated on December 29, by another buy
signal from the intersection of (-DI), and (+DI), from
the six year low stablished on December 29th. at 9
5/8, we now will challange the resistance at $13 next
week, volume has continued to increase as institutions
take new positions in this much battered stock.
Subj: More good News
12/23/99 11:28 am
Stochastics %K and %D meet on the
21st. at 9%, on the 22nd., a buy signal was generated
after the two intersected, and today the same signal
should at least halt any futher erosion in price, is a
bit early to tell if this is the "Buy" signal that we
have been looking for or not, but my gut feeling tells
me that "it is for real"....also ADX has now crested
and started down (good omen), as DI also is headed
for positive territory, The feable Relative Strenght
stands at 5% (meaning 95% of the stocks out there are
outperforming WHC as of yesterday)...Will see what today brings
at the close.