Reviews:
 ·Verizon FiOS
| reply to dodgetech2
Re: I would be willing to Donate $ said by dodgetech2:said by supergirl:said by ANWDREW0: I stand behind what I say. They have been good to me. I am a tech and don't really need a call center if systems are up and running. Which have been 100%. It's down when Comcast drops that's not Vonage. So yes I stand behind them. Okay, let's see you buy their stock. I have been buying and selling their stock for the last 8 months...not once have I lost money....As a mater of fact, I have made quite a bit ...I buy it and hold it for a day or two max..... You must be one of the suckers that bought it at $17.00 eh? Ok day trader pro. You must be one of the tools that posts on the Yahoo boards about how good you are.
The point is, the value of the company has gone down considerably since the IPO. Day trading and making money is one thing (and good for you if you're doing well). But the comment above is the long term prospects which probably isn't so hot.
Anyway, Vonage had a good idea and when their gone others will fill in the gap. Besides the obvious patent research lesson, the one to learn is of customer service. If I've remembered anything about DSLR user ramblings on any Vonage news post it's that of poor customer service. Most people leapfrog other providers because of just that. And I know first hand with my providers what it feels like to go from one sucky system to another.
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Reviews:
·Verizon FiOS
 ·ProLog
| said by Lumberjack:Ok day trader pro. You must be one of the tools that posts on the Yahoo boards about how good you are. The point is, the value of the company has gone down considerably since the IPO. Day trading and making money is one thing (and good for you if you're doing well). But the comment above is the long term prospects which probably isn't so hot. Im far from a pro.and I don't post at Yahoo..:)
My point was that its not a bad stock, not once did I see the word "investment"...Thats a whole different story...yeah, Its a bad investment..but its not a bad stock. |
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rradina
join:2000-08-08
Chesterfield, MO | reply to Lumberjack
Let's not call this "making" money. This is wealth transfer. It's being transferred from someone stupid enough to buy a crap stock to someone else gambling with their money.
This will really date me but when I was in high school one of my classes played a hypothetical stock market game. They gave us each $500 and we were allowed to buy and sell each day based on stock market reports. I started out with a (then) quality blue chip stock -- General Motors. It was expensive (~$30/share) and it didn't vary much from day to day. I ended up losing money. Then I recognized that I needed more shares if I was to make quick money. So I bought Braniff and Pan Am (both barely had their head above water...) for ~$1 each. The price of their stock would fluctuate an 1/8th on almost a daily basis. I bought a bunch, held it until it would go up and sell it. When either went back down, I would buy it again. I ended up winning but the teacher didn't much care for my strategy. She didn't exactly say I was a crook but she frowned on my tactics. |
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Reviews:
·Verizon FiOS
| said by rradina:Let's not call this "making" money. This is wealth transfer. It's being transferred from someone stupid enough to buy a crap stock to someone else gambling with their money. This will really date me but when I was in high school one of my classes played a hypothetical stock market game. They gave us each $500 and we were allowed to buy and sell each day based on stock market reports. I started out with a (then) quality blue chip stock -- General Motors. It was expensive (~$30/share) and it didn't vary much from day to day. I ended up losing money. Then I recognized that I needed more shares if I was to make quick money. So I bought Braniff and Pan Am (both barely had their head above water...) for ~$1 each. The price of their stock would fluctuate an 1/8th on almost a daily basis. I bought a bunch, held it until it would go up and sell it. When either went back down, I would buy it again. I ended up winning but the teacher didn't much care for my strategy. She didn't exactly say I was a crook but she frowned on my tactics. Uh, those tactics are winning tactics by most day traders. If you made money, then you should win the game. If she really didn't like that she probably didn't like the idea of anybody shorting stock either, lol.
I play the game with penny stocks too, but most of the companies I buy into are good long term companies anyway. Vonage isn't one of those that I consider a "safe" long term buy, at least by my standards so I leave it alone.
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