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Author: GoodHindSite Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5056  
Subject: Re: OT: Rocannon Date: 3/17/2004 6:17 PM
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>>I am also looking for big winners (isn't everyone?).<<

Nope. Very few do actually. Most people are content to buy larger companies with limited growth prospects. The logic of why escapes me.

>>Need them? Really, what for?<<

Well, it's too cold in the winter time where I live, and I *need* <cough> to play golf.

>>Especially with execs, they can have huge egos... it will lead them to do the most nonsensical things with money.<<

Very true. I met this guy at the analyst meeting where they introduced the IBS drug. He does have an ego, but my judgement is not irrationally so. Seems like your typical Myers-Briggs ENTJ.

>>My instinct is to look for something that's currently beaten down, and PTIE does not look beaten down at the moment <<

The move down below 2 was another engineered move by TWPT. And those were very dark times. Also, if you look at what is public knowledge versus then, there is a drastic difference. Check the IPO price too.. But if you don't like it, that's cool - at the end of the day, you have to sleep at night (duh..). My overall thought process is rather strange anyway.

Problem is, right now there is very little that is down. Prices were quite irrational, in general, a year ago in the microcap area. They aren't anymore. I can't argue with investing in what is down, since I've certainly made a lot of money doing it. At the same time, the object of investing is to find something whose current price is irrationally low. Prior prices shouldn't really matter in that search.

I bought more SKYT today too, just to let you know (as if I didn't have enough of that)..
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