MUL multiemedia limited

grant i wont forget this., page-31

  1. 4,941 Posts.
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    Hi Red,

    I'm getting a little bit sick and tired of your petty behaviour and observations regarding that I "chose deliberately to downramp".

    Evidently, you don't want anyone to comment about anything.

    So, leave as this forum is not for you.

    I could, however, say much the same thing regarding your observations on gold (where again we disagree, but you seem to be winning out with corresponding dire effects on my currency positions).

    However, I am going to remind you of your own posting of 15/10:
    ------------------------------------------------------
    Subject re: grant62 are you being paid to write?
    Posted 15/10/03 23:07 - 164 reads
    Posted by redabyss
    Post #158351 - in reply to msg. #158326 - splitview

    Grant now you are confusing me. Are you saying the directors of MUL are lining their pockets with constant issues? It wouldn't be the first time of course.

    Nevertheless some of the best trades I have ever had are on shares that went bust a few weeks later.

    All I can say about MUL is:

    1. Its chart is unbeatable which is why I am still on. It is hard to see this sort of momentum being stopped
    2. It sounds too good to be true and probably is.
    3. For some reason a number of punters really hate it.
    4. On Balance Volume is up 2 billion since June. That means a vast distribution to new MUL bulls - and a churning of 4 times the issued shares. In one day alone (5 Aug) it turned over the whole issued stock.
    5. Its anns are written by a good technical writer
    6. Good income of 23 million in 2002/3. Although down on last year, it has held back costs well and looks like it may go into the black. Loss largely due to writedowns. No debt to speak of, but no cash either.
    7. Someone is (presumably) buying up in the morning, putting a u on, and selling in the afternoon. Nice work if you can get it.
    ------------------------------------------------------

    Says it all, really.

    You violated your own rules 2 and 7, and your reference to "punters" supports a gambling attitude towards MUL.

    So, get a life and start acting like a shareholder - download a copy of the Annual Report from either asx.com.au or Stocknessmonster.com and read it properly. Then do a google search on New Skies in Australia. Then read the Findlay report. Then make your assessment.

    You were long for no better reason than that you thought that this stock would keep on rising without qualification. Then again, you probably also thought that MLB would keep rising beyond $17.00.

    You may well be p*ssed off for any number of reasons. I'm similarly p*ssed off regarding your invective.
 
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