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Post by fastwalker on Oct 8, 2004 18:12:20 GMT -5
One thing to remember when you are wondering why people are selling. Most of the stockholders out there (not just CMKX) do not get on the internet and join a board like we do and exchange information. I have many friends, plus my parents, that make "ALL" their stock decisions based on what the pps is doing...the pps is "ALL" they watch...no other DD. So, with that in mind, when a lot of people see the pps start to drop...THEY SELL!! Without trying to sound uppity, all of us are actually a minority. It is my experience that most investors do little or no DD and the only thing they monitor is the pps and base "ALL" their decisions on that. If we have 40,000+ investors in CMKX. I am willing to bet over half sold their shares the last few days...especially when they saw the pps drop to .0001-.0002 JMO But I have seen this numerous times. Heck, you have intelligent, informed people right on this board that have stated they are/or will be soon, selling their shares because of frustration...think about the people out there that are not informed? They will sell!!!!
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Post by Warren on Oct 8, 2004 21:29:42 GMT -5
They would not all be selling out of one MM like that. Second they would be trying to sell at .0003 not 2. specially after seing it come back and holding at 3 yesterday. Sorry just thinking out looud looking for answers.
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Post by fastwalker on Oct 8, 2004 23:06:59 GMT -5
:)Thinking out loud is allopwed...I found this thread on another board and really didn't consider it one way or the other ...I was interested in the fact the author states that many...not on the INTERNET are into simply watching the "PPS" and nothing else. I would tend to agree with the author on at least one point, that being these message boards strewn throughout the INTERNET serves many fuctions..some , like "hot stock.com" pride themselves on being "strictly professional" with their approach to stocks..how and why they pick them..etc. While out board deals strictly in DD and discussions on various topics relevant to CMKX and , our JVs, other Pro boards may take a different approach.. One thing is obvious though, in this "modern time," you are depriving yourself of an essential tool, if you don not utilize a computer and some type of broadband hookup.. Information is Knowledge and knowledge is power and the greatest access to power currently available to the average person /investor / whatever can only be found at WWW.. COM whatever...... and while I agree Warren, that most people would hold for a better PPS, if they do not have a basis of reference to work off of..as in being "in the loop" and access to DD sites and or boards like ours and the people whose experience and dedication fuel them... then those poor people are missing out on many great opportunities..without information and knowledge on any subject matter, your only alternative is a lot of luck to achieve a desirable result...
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Post by azesm on Oct 21, 2004 22:34:01 GMT -5
Just found this post (haven't seen it before ) Very interesting and what sould I say: true for those three people whom I brought into CMKX... One of them trades stocks, not very actively, though, but all he does is watching PPS. Others do not trade, the only stock they have is CMKX. ALL them asking me what's new with this investment, when we meet, or call each other. Yesterday I asked the guy: "Did you see your second dividends?" He said: "Why? do they pay more?" NO DD! Well, I'm not too percistent (anymore, lol!) I know they are not alone, but hope they are outnumbered...
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