Forum Archive Index - July 2002

["Morgy" <morgy40@xtra.co.nz>]

John

Your comments re the other channel are very interesting and I must say in my
humble opinion quite on the button. The thing that I have found surfing the
other channels is that there tends to be a lot of touting of stocks on some
forums, in fact ad infinitum for some stocks, on and on and on. This however
is a matter of choice and if you dont like it leave that particular forum,
though I have to confess when you look at the PTD & such like forums on
ozestock & sharetrader it is more like "Days of our lives" than an
investment forum, its hard not to tune in to see whos threatening who with
law suits, some of the characters have found there 15 minutes of fame and
some.

On sharechat you see less promoting of individual stocks and as Ben sumed up
well in his post today ,there is more posts on investing techniques
including techinical and fundamental analysis knowhow.

I have to be honest & say that I find the people that call themselves
fundamental Investors tend to live in the future, what a share could be
worth and the TA folks live in reality, what the share is worth today. It
doesnt really make for compatible conversation in my opinion. However I'm
sure that if enough people make enough posts some of this will create some
interest, lets hear about your penny dreadfuls.

What about Eric Watson always trying to pinch PRG off the minority
shareholders for next to nothing , anyone got an opinion about this.

Regards

Morgy






----- Original Message -----
From: "John Wedde" <John.Wedde@weltec.ac.nz>
To: <sharechat@sharechat.co.nz>
Sent: Friday, July 19, 2002 10:51 AM
Subject: Re: [sharechat] WHere have all the fullas gone....


> Kia ora Te Ranganui, of a chiefly line.
>
> I agree, things are pretty quiet on this list.
> Why is this? The "other channel" goes from strength to strength. I
> follow discussion there closely but, apart from in  the very early days
> when the format was different, I don't post there. My time is usually
> taken up with other obligations and I deliberately limit myself to the
> odd posting here.
>
> Perhaps this list is quiet because a lot of the discussion seems to be
> about TA. Don't get me wrong Phaedrus and others. I value your input
> immensely and certainly look constantly at charts to follow trends in a
> simple uncomplicated manner. I remain essentially however a
> Fundamentalist. From where I sit, more Fundamental discussion would be
> interesting.
>
> Also the "other channel"  does get a fair number of postings on less
> blue chip shares, small speculatives, "penny dreadfuls" . Many of my
> investments are long term and speculative. I wouldn't put money into the
> market if I hadn't made my mind up that I could afford to loose it.
>
> Amongst others, I hold SPE, SPE options [a bundle], ITC [still!], BDO,
>
> CBT [ASX], HGD, HGD warrants, SCL, OTR [both here and in Aussie], NGL
> and ESO [on the NZ "unlisted" board]. I'm not ahead on these. It would
> be difficult!!
> On the other hand, my overall loss is quite low, as most have been
> bought when they've been well down and certainly way way off their
> stratospheric, irrational highs.
> I also watch closely ASC and SEX [Yes the ticker is correct!] in
> aussie, and EBT [NZ and aussie]. As you can see I'm a great believer in
> the frailities of human nature. Gambling and the sex industry of course
> being two of the oldest businesses in the world. They're here to stay!
> So is the Communication / Technology revolution.
> There are, ultimately, some "10 baggers" in this lot. I'm convinced of
> this.
>
> It would be great to see productive and positive discussion on some of
> these speculative stocks.
> In the past there have always been some who have replied very
> negatively to this suggestion.
> I suspect this post may at least bring some of these negative
> individuals out of their holes.
>
> Let's hear you!
>
> Cheers,
> John
>
> >>> tranginui@yahoo.co.nz Monday, 15 July 2002 12:28:43 p.m. >>>
> Why is there no activatie on this sight. Are none of
> you fullas coming here anymore?
>
> http://www.sold.com.au - SOLD.com.au
> - Find yourself a bargain!
>
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