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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (30664)4/15/2008 2:33:17 PM
From: Jurgis Bekepuris   of 78702
 
Brokerages then were wildly overvalued to begin with and the dot.com mania created a generation of day trades, which went out of business in Y2001.

I somewhat disagree with both statements. :)

Yes, brokerages were overvalued, but then I bought NITE somewhere in the teens after it fell from $60 and then it proceeded to fall to $5 or so. :)

finance.yahoo.com

So there is a similar risk for OXPS and TRAD here. :)

And I went to a local "IBD investment club" and you have to visit it to see the day traders still flourishing. Or just look around SI. :)

But I agree that both OXPS and TRAD look somewhat attractively.
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