Humility is one of top three most desired character traits in his game. I don't know how many people realize that there are two kinds of humilities. One and more important is your relationship with the market.The other one is how you relate to others.
You can be nice,kind and respectful towards other mb members but still believe that you are clever than "market forces". You can win some battles but if you do not develop humility and respect for "Mr.Market" from lost battles, the war is over.Just a matter of time.
Couple of observations: as you correctly stated Shadow is no doubt the most knowledgeable and one of longest surviving holders of UTSI shares as well as the most respectable/by my standard/so the question is if current share price reaches magic $6 how much paper or real profits is he going to collect for all his hard work and dedication?
Second observation: based on my understanding of market forces UTSI has become one of the lowest entry risk small tech cap precisely based on opposite view to yours from my personal technical analysis angle.
ps.Being involved in study of analyzing "market forces" for couple of decades i can state with high degree of confidence that usually intelligent,smart and knowledgeable investors have hard time in the market place unless they poses curiosity,humility and lack of attachment which along with the knowledge and experience can become wisdom.
CCJ is testing final bottom reached in Jan 2009 which indicates to me that assuming Chinese market started recovering next month more likely than not this sector would have completed secular bear cycle.
At this stage of the pps cycle market cleverly uses bad or even good news as one of "testing tools" to find out how many more weak hands are out there.
FXI maybe creating reverse head & shoulder formation.
There are certain unwritten principles behind market's logic based on historical evidence.One of them called secular cycle is long term trend. Almost always lasts more than eight years.Mostly applied to market indexes such S@P500,DOW or NASDAQ but helpful with individual stocks as well.
According to this logic the "light at the end of the tunnel" is visible. Hoverer "the darkest time before sunrise" also applies.
You got me.Message boards are full of people spewing their frustrations and turning negative.I'm glad you are not one of them.
I have thousand times more people on ignore than actively engaged with because what ultimately stock market is: factory in self discovery and very selective few are capable of crossing the line dividing true reality/who they really are/ and illusion. Importantly if you live in illusion/denial/ there is no way Mr.Market is willing to share secrets with you.
My most active mb is VG but after years of participation i "managed" to offend 90% of them by offering my honest assessment. The difficult part for me is to understand is the fact that "offended ones" will never accept idea that talk about future is always speculation based on law of probability there fore by definition nobody can always be right or wrong.
Before i leave you alone.Do you really know what you are talking about but much more important how does it what you talking about benefit you?
From your complaining about management i conclude not much.I bet you still have 7-3 job and big dreams one day you are going to hit big jackpot with IDCC.Mr.Market is taking your money and laughing at you and one day you wake up penny less or still working full time at 80 chasing your american dream.
Who's the real idiot?
The other guy has the answer for you within his mb name.I would add only predicable between nut_job and loser.
What do you mean since there are things you have to do like breathing or as with stock market speculation using curiosity ahead of value judgement.
But of course having free will it is up you to do it occasionally or never.
Never say never is more of a attitude than commitment. Or should i say commitment to the principle of pursuing open minded state of being because i do not believe for a second that there is even one totally open minded human being out there in he world. Not even Dali Lama.
Wishing you both luck with discovering who is to blame for inability to resurrect your curiosity without which you are doomed. Trust me It is not the customer relation guy.
Last couple of months short position has increased slightly.Below 10% of total float is about 10 times higher than in CCJ. I have witnessed share price rising along with short position in other stocks but short squeeze is relatively rare event. I wouldn't loose my sleep thinking about it.
I do not believe shorts themselves are capable to pressure pps but combination of real low trading volume in declining stock invites manipulators to join and can create "feeding frenzy" or at least dramatic increase of volatility.
URG message board could be active simply because this stock for some reason has been one of the most resilient stocks in this long lasting downtrend. Personally as a contrarian i prefer message board full of negativity or totally silent.
Generally i do not care to waste my time on $1 stocks unless it is temporary dip.Got burned too many times.
But there are rare exemptions as always and i never say never.Could be remaining signs of my addiction to gambling.
That's right attitude but if you are not interested in what happened in the past then you are like blind man walking accross busy highway and the only attitude to have is hope or despair.The only true and reliable understanding of our stock market reality is in the past Present and future is nothing else but speculation.
Based on true story: Excellent technical trader was looking for job in respectable hedge fund.He was asked to analize and determine best entry point for one of main holdings of the broker and let them know. After few weeks or months the trader calls the hedge fund manager with precise information and asks to act immediately on it..After the conversation the manager secretly decides to dump couple thousands of shares at market.
"Our reality can express itself in unlimited ways at any moment" principle is the most important law of the market.
ps. but the trader was hired afterall and became much better technical trader.
Jasiop is never hoping.This stage of my market immature adventure is more than decade behind me. Jasiop doesn't have expectations but rather anticipation. But most of all unlike you Jasiop doesn't have selective memory or tunnel vision.
Your enthusiastic permabullish brain hasn't notice broad market correction or my observation that due to VG becoming high demand stock/low risk/ it is in the best interest of powerful buyer to bring pps as low as possible.Drying trading volume accommodates manipulators.The million $ question is below what volume VG is vulnerable?
Mr know it all bylo8 doesn't pay attention to such garbage or the fact that successful stock market speculators play both sides of a trade.
There is logical reason why i watch and sometimes talk about competition. Learned my lesson at the end of first cyclical bear of 2000-2003.This mistake cost me hundreds of thousands of dollars in lost opportunity cost since the stock i owned went bankrupt and the other one is trading today close to $300/share.All i had to do is to move my money from one over to the other. Ten thousand shares at $1 wouldn't have made me any happier today but definitely my life would have been little different.Maybe little less humble?
I started my uranium exposure with URRE but made sideway move over to UUUU remembering my expensive lesson but i still post on their mb.
Important is having your options open all the time as well as to test your attachment which is nothing more or less than an addiction which is controlled by the market.I'm sure you know this expression: being married to your stock.
If you are not even willing to exercise thought of of moving your money from one stock over to other you do not belong to this environment.
Last good reason why i talk about other stocks is when deciding to make move i avoid to advertise it on the message board realizing that all it take is just one trader somewhere in the world deciding to prove me wrong.
Based on relative share price strenght principle during corrections or cyclical bear i anticipate IDCC do much better than most stocks due to high level of cash reserves.When correction is over most likely IDCC will continue to underperform respective index which in my opinion is semiconductors.