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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: RockyBalboa who wrote (12263)12/11/1999 10:10:00 PM
From: Land Shark  Read Replies (2) of 18998
 
HDTV, curious Pink pick. Makes me wonder if it's the real Mr. Pink making that recommendation. Especially, when I look at all the 144S filed by that company.

Stocks are like options on the company's success. Some are so deep in the money that the phantasy is taken out and any further improvement is marginal. Others are way out of the money, hence a striking success can really pay out though the chances of failure (zero terminal value) are way higher.
You know the rules have been blown away w.r.t. to valuing companies. I think the daytraders have taken over the Nasdaq and we all know they're all financial analysts. No sirreee, no ex-taxicab drivers, Burrito sellers or truck drivers in that gang.
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