From a blog: A classification describing stocks that have a sizable investor following, despite the fact that the underlying company has somewhat insignificant fundamentals. Typically, investors are initially attracted to the company's potential and accumulate positions in speculation that its potential will be fulfilled, providing the investors with a substantial payout. While most of these cult stocks promise they will be the next big story after they make a new discovery or get the newest contract from the government, most do not provide investors with anything other than the story. Furthermore, these stocks typically generate very little, if any, revenue at all. For example, many micro-cap biotech stocks are cult stocks. While they promise that they are going to be working on a miracle compound or drug, most of them do not have any source of income as they slowly burn away their initial capital in research and development. However, some cult stocks do occasionally make good on...
Grandich sure has a dream of watching America fall.
ReplyDeleteI was critical when he said AMERICANS ARE "LIKE PIGS IN MUD.” and complained to his newsletter.
Here are the responses I received:
"We'll put yours(my emai criticism) in the trash where it belongs."
"It’s obvious you have no life.
I’m not about to give you the attention you obviously don’t get elsewhere
Now shoo fly, shoo
You’re nothing more than a whiner who likes to hear themselves complain but don’t like it when the party they complain about doesn’t respond the way they think they should.
All you’ve been is some cheap entertainment on an otherwise slow day
Now, do like any little child does and play in your sand box without us."
Thomas Troy
Grandich publications
I think "professional" isn't in his vocabulary.
After, I posted the above responses, which Thomas Troy, who I suppose filters out the critical letters to Mr. Grandich, I asked if he was going to let Mr. Grandich see my letter. I was still offended by the phrase,
ReplyDeleteAmericans, "like pigs in mud" and now, by Thomas Troy's responses. His response:
We only show him things written by humans.
You obviously don’t qualify
Please forward me money if you wish me to keep speaking to you since it’s obvious you have no other life."
I found the exchange unbelieveable. How can one trust the advice of someone who hires people who treat other people like this??
Carol Dunn