loongjiangcha,thanks for your many informative posts. It seems that you know a lot about the company. But I think most people's knowlege about this company is past informations,these informations are already factored into the stock price, and that is why we can buy the stock this cheap. Future stock price performane will not base on past information, it will base on future surprises. My investment strategy is just looking for potential future surprises. Why I buy this company is because it has a complete control solution,esp. because it now gives internet connectivity compatibilty. I think it has big potential to expand its business and to increase sales!
Re: I bought 2000 at 12. by: loongjiangcha (M/avoid hype - do not gamble) 01/09/04 06:01 pm Msg: 120776 of 120785
suffic369, what was your reasoning to buy this stock?
what leads you to believe that this stock is "cheap?" elon's cfo has been selling lately.
i think all companies give investors "surprises" at times. hopefully, more good than bad surprises. looking at the stock price, it looks like elon has been giving out more bad surprises than good ones in the past several years.
aren't there other companies out there that have "a complete control solution?" allen-bradley? alerton? amperion? honeywell? seimens? ipsil? with so many competitors out there, why did you pick elon specifically?