<Actually, the shareholders have done quite nicely....>
Isn't that what the Enron executives were saying until the company caved in? Yes, that is exactly what they said.
You are in good company.
Just don't get caught holding the bag.
Do any of the Longs have anything to say about posts:
I didn't think so.
How about posts:
I'm not surprised by your silence.
No wonder you have been labeled, The Numskulls.
It must hurt being underwater since the 40s. We professional investors know that your kind of investor makes the biggest bets when you "feel" the best and most confident. The Numskulls definitely felt best in the 40s and clearly loaded up big time. It's been catch up since then.
It's all about the psychological concept known as "social proof", the details of which have been discussed in great detail at The Avid Group. Some of you Longs are becoming quite famous. In fact, one in our Group is writing a book about one or two of you. It's about investor psychology. It's a real hoot.
The Numskulls just might become famous someday.
Please read post 8758 before it's too late.
Sounds like he's talking about you, doesn't it?
Good luck, you are going to need it.
I'm getting tired of putting people like you on Ignore. How many aliases do you have anyway.
Bye, bye - I hope for good this time.
Most die hard longs here have been long since the 40s. It's obvious they have been hanging on hoping for a miracle. Many have doubled down and worse since 40. The term dumbell doesn't quite capture their stupidity. Even though the company has performed poorly and delivered nothing but empty promises and losses, these Longs continue to cheer. Patiently waiting for a return to break-even.
The names of the die-hards are easy to discover. They been posting here relentlessly for many moons.
Management is laughing at them all the way to the bank.
Actually, he may be telling the truth. Anyway, everyone knows that the Jews are bigots and bloodthirsty killers. It's in their bible. Ever read it? I mean the Old Testament.
Give it a read and then tell me how your kids would turn out if they never heard the words of Jesus.
Soon these bigots will be celebrating the murder of little children......called Passover. Imagine, they actually believe God likes Jews better than Egyptians and killed tiny, innocent infants. God did this, not the Devil.
Then Channukah comes: another bloodthirsty holiday celebrating the sacking of Jerusalem in the name of God.....the killing of the Syrian King, Antiochus and his entire family....the slaughter of every man, woman and child who was not a Jew. God was happy with this?
Try raising your kids this way. make sure all of your religious holidays are about KILLING non Jews. make sure you emphasize that only Jews are loved by God, no one else.
DOn't forget, never tell them about the words of Christ so that if a bush starts to burn in their yard and a voice comes out and demands, "go home and kill your son!"......they will do so believing that God was talking, NOT the devil or a demon.
Jews are racist bigots........they can't help it........God command them to be so.......you can look it up.
This company will not survive unless it issues another stock offering...IMO.
How will this company pay its bills 2 months from now? It's out of cash by now, right?
What's the catch?
Since no one in the Long Camp has discussed posts 7900, 7902, and 7904 it is clear that there are no meaningful discussions on this board period. DTV's statement that he addressed them is laughable.
How can you characterize a conversation as a "discussion" when that conversation never addresses issues of paramount importance? The Longs who ignore gargantuan issues and complain are the problem, not those who post detailed analysis and await feedback.
The real discussions take place in private clubs, only. It's the only way to weed out the riff-raff.
It doesn't take long to realize who contributes valuable information and who does not; who dodges issues and who does not; who blows smoke and who does not.
Count, you forgot to mention that the lawyers notify the SEC of possible wrongdoing. If the SEC decides to get involved, it ends up like an IRS audit - the target always loses something.
The levied charges are so serious and so damning, the executives beg to plead guilty to something, anything to avoid going to trial and possibly, jail.
Then, the lights go out and the confidence game is over.
All must read Semper's posts 7900, 7902, and 7904 before deciding to invest in Avid. You must read all three.
I find these three posts to be the most informative and useful to date. Most other posts are garbage.
With all the flim-jims you mention in:
Does anyone here really believe that none of the $17 million increase in inventory (on lower sales) from 12/31/01 to 12/31/02 belongs in Cost of Sales?
You can bet that margins are going down the drain and that a substantial amount of the inventory increase belongs in expense.
That's my take.
In the honest, real world, when sales go down, inventory goes down - not in Avid's world evidently. Nothing that amnesiac CFO says now is worth a nickle.
I don't think it's wise to be long over the weekend. The downside is far greater than the upside, so why hold?
I think the big volume today is clear evidence of money exiting.
I think the guy did a marvelous job in the CC.
He's a top notch professional with a very tight grip on Avid's financial position and market.
Whatever was asked, he had an answer ready. Some less professional CFOs might have stammered or paused during the peppering, but not our guy. He had it all on the tip of his tongue.
I'm feeling very confident. I'm placing my bets.
The unknown is the only thing holding Avid back. Now that Colin Powell is finished at the UN, I think things are going to settle down. The US will make short work of Iraq.
Once this sinks in, the whole market will rally and Avid will outperform this aggregate. Why else would it be treading water now? It's waiting for global news.
Soon, today's price will look like a bargain.
How did you conclude that sugarr_daddy shorted at all. From what I've read, he seems to be waiting for a top. Did he post that he shorted somewhere I can't find or did you deduce this in some way?
So far, it seems to me that there is a lot of loose talk about Avid here. Lots of assumptions seem to be stated as fact. Is there anyone out there who knows what's going on and can provide references to back up his/her posts.
I was dumb enough to search back further and further looking for sugarr to say he went short but failed.
I guess Gabe, you really are an inside trader who cannot be trusted with the truth.
Get a life. If sugarr is young, you are behaving like an ass. Your comments about the medicines used to treat the mental diseases of children was despicable. What are you?
Give up posting wisecracks. This thread should be about making money, not stroking egos. Who cares if you know more than anyone else unless you intend to share your knowledge? I can tell you know what you are talking about as I too do not like what I saw in the press release and heard during the conference call. This event was carefully staged to spark a rally. Up 10% in a flash.
Yes, all potential bombs were touched upon in writing or verbally, even if only for a fleeting moment.
Do your own DD and always be careful.
You just admitted getting inside information!
Having an inside connection and trading on it is illegal!
Sugarr has been wrong long enough for the majority of us to conclude he knows very little, or nothing of value.
I suggest everyone put him on "ignore" as his loud mouth crying could have a subconsious, negative effect.
Please stop writing to him and he will go away. He is polluting this board.
Gabe, I liked your post and really enjoyed reading Dtv's summary of the Avid positives this past week.
I think the bullish case is clear.
Avid might go up and down, but net up is its trend and future.
I've never read anything from this kid that made sense.
I think today's price, will be considered a bargain in the near future. I'm increasing my position by plenty.
First, allow me to congratulate Sharon on his victory. Having said that, I beg to differ with you, Fica, on the appropriate Avid p/e ratio.
The p/e should be somewhere in the neighborhood of a company's expected long-term average earnings growth rate. As Avid has been experiencing negative earnings, a positive result for 2002 translates into that mystical quantity known as "infinity".
Based on the above, I have no problem with Avid's 30 p/e. In fact, I predict a triple-digit p/e before too long.
I also agree with Imanedit that no one can predict earnings (and so why try) and that unless you know the tops and bottoms of stock prices, you cannot make any money. What's this nonsense about being right in 3 years, a joke?
The Warren Buffets of the world are finished. This is the New Millenium and it belongs to day traders.
I must go now and take my medicine.
You might be right, but it looks like all of the most knowledgeable bulls on this board have sold and are waiting to buy back in. I'm with them at this point.