Converted Organics: Story's Over, Time to Get Out [View article]
Egregious - good word - although it's more apropos of your "article" than anything having to do with Converted Organics' financial performance or share price performance. You acknowledge that this is the first earnings report to show revenue. However, you completely left out the fact that their principal factory is nearing completion, and that by the company's own admission, they would not be profitable until the New Jersey factory opens and then, about 6 months out, achieves maximum production.
Your "journalism" has an agenda - to drive down the share price of this company. You might not have a position in Converted Organics at the moment, but you definitely have an agenda.
Converted Organics: Greed, Fear and Greater Fools [View article]
Thank you for pointing out COIN to your large audience. Your article is, in my opinion, one sided and completely fails to mention anything about Converted Organics actual business or prospects for success.
I am a small investor, although I do have an MBA, and like all investors I try to balance my stock picks between my intuitive sense of the company's future and the fundamentals.
I violated my own better judgement about investing in a company whose future success is, let's face it, unknown. However, I found the discussion board about this stock on Yahoo, and while most posters have a blatant agenda and there are loads of useless posts, there is some great due diligence about COIN there, including a few reasonable attempts at forcasting the company's prospects.
I decided that the COIN story is a good one, and timing is always so important for success. COIN looks to me like a good long term investment, so I bought it.
We'll see what happens. I disagree with your basic premise that investing in this stock is a mere Greater Fool phenomenon.
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Latest | Highest ratedConverted Organics: Story's Over, Time to Get Out [View article]
Your "journalism" has an agenda - to drive down the share price of this company. You might not have a position in Converted Organics at the moment, but you definitely have an agenda.
Converted Organics: Greed, Fear and Greater Fools [View article]
I am a small investor, although I do have an MBA, and like all investors I try to balance my stock picks between my intuitive sense of the company's future and the fundamentals.
I violated my own better judgement about investing in a company whose future success is, let's face it, unknown. However, I found the discussion board about this stock on Yahoo, and while most posters have a blatant agenda and there are loads of useless posts, there is some great due diligence about COIN there, including a few reasonable attempts at forcasting the company's prospects.
I decided that the COIN story is a good one, and timing is always so important for success. COIN looks to me like a good long term investment, so I bought it.
We'll see what happens. I disagree with your basic premise that investing in this stock is a mere Greater Fool phenomenon.