Polyrat ... in my experience people have any meaningful history of making money in the stock market do not expect others to listen to the few times that they have made money. It is assumed that those who communicate in that manner have lost much more than they have made, and are in such communication only trying to convince themselves as much as others that they are in the most general sense "making money." But please take these criticisms as constructive.
In what way has your "school" bested flippers? How can you even make such a statement when you have no clue how good or bad flipper has done on his CCA/PZN or other investements?
During the Q4 decline and subsequent recovery, flipper bought CCA on the cheap and held on for a very nice gain. Netting all of his CCA/PZN trades, flipper is to the positive. I know this because we were on-line sharing specific trading strategies during this period.
You of all people should know that opinions are like a--holes. Everybody has one. You get yours from your degree in finance or law (depending on which post you read), I get mine from the school of hard knocks. So far my school has beat yours.
The nastier the messages the closer to the bottom. The nastiest posters at that point control the board and in the end fade away(except those canned by the firm)because their usually arguing issues already reflected in the stock price.
Go easy on polyrat. He innocently fell into diabolical Cleo's trap. He debuted mentioning trading and long-term value; Cleo, with forked tongue in cheek, asked for explanation, which he rationally gave. New to the board, he thought Cleo would appreciate a response. Next she will no doubt offer him her asp for kissing.
Aside to Cleo - glad you're still hanging around. Faithful fiber is dutifully tagging along at your heels. One question for old times' sake: did you love PZN a year ago?
(I think I know the answer - you could have cared less about PZN, it was CCA you loved. Dell today (tomorrow) reminded me of CCA when they missed earnings in Q3 '97. Growth stocks that fail to meet growth expectations tend to get hammered.)
An old friend, you DO see a good trap, when there is one. Still, I wander, you did not notice the one, DOC sprang on all of us. But you too earned your stripes, by staying here, unlike Anderson or LT, who are no doubts were "useful idiots or paid shills" (it is obvious now with their disappearance after the vote). Sam, Agent and Fiber will help me in keeping DOC's feet to the fire and you...you lost all your brigade, not counting Flipper, who does not know what he wants from his investments (and what he is in life) and occasional "auditing" by General. Now, you will feel the way I felt in the summer. You've got my answer to you Q about PZN just right, but so did all the management of old CCA; they all went to the private compa ny, CFO, lady from investment relations, etc. etc. What do THEY see there, that we don't. No stock options, no stock appreciation rights, no growth??!!