And finally, that is a lie about snowflake. Maybe you honestly don’t remember, but you posted a day or two after you bought bragging about how it went from 220 to 280 or whatever. It’s not worth going back and looking at. But I have seen you do this many times… you say “it went up, so I was right”. That’s resulting.
As you know, AFTER A TOTAL OF ALL OF THREE POSTS ON OUR BOARD, ninerfan decided he had enough creds to tell me what I could post on the board and what I couldn’t. Now he’s calling me a liar. Since personal attacks are not allowed that post will be deleted. However, he felt comfortable about calling me a liar without bothering to look up what I had written to even see if his accusation was true! Can you believe it! “I’m going to call you a liar, but I’m not going to bother looking it up to see if you really were.”
I looked it up. Here’s what I wrote, word for word. I recounted taking a tiny position (0.5%) to put Snowflake on my radar, and then having it go up for no reason that I could see, and rather than saying I was right and smart, I’m saying “I don’t understand what the f— is going on!” and asking if anyone has seen any news of any kind that would account for it. Here’s what I wrote:
I’ve been graphing Snowflake ever since the IPO just to keep it on my radar. I was interested in the company but the price just seemed silly high. It had opened after the IPO at about $245, ran up that day to something like $319, but came back down. The last four weeks I have it closing at $229, $227, $238, $240 (tightly range bound!). I decided this week to take a tiny position to make me pay more attention and made purchases on three different days. The first day I made some truly tiny purchases at $245.50, and one more at $247.50, and ended up with about a 0.12% position (an eighth of a percent). Yesterday I added more at $263 (I tend to buy when the price is going up, but what the heck is going on?), and at $268 this morning (down a little from yesterday’s close), and when I looked at today’s close it was at $297!!! That’s $297!!! And this move was without any news that I could find, and while all the rest of our companies were having a tough week. I ended up with a 0.65% position and wished I had bought five or ten times as much.
I couldn’t find either a press release or news, except for some analysts setting $300 targets (but I don’t consider that news). Does anybody on our wonderful board know anything, or suspect something, or have any ideas they’d like to put forward about what hit this stock this week? (Remember that this was a tough week for our stocks in general).
There is nothing in there that was “bragging” that “it went up, so I was right”. What I was saying is the opposite. That I was very puzzled as to why it went up as I had thought it was range bound, and didn’t expect it to suddenly go up, and there didn’t seem to be any reason for the rise.
Again, that post will be deleted and if he continues personal attacks he may be barred from the board completely.