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Strategies & Market Trends : WR's Momentum Trades

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To: Tom Allinder who wrote (8965)12/2/2000 10:19:47 PM
From: Eric Fader  Read Replies (1) of 11130
 
Tom - IMO, the problem is in defining "real companies."

I don't know which companies you'd put in that category, but I seem to remember you used to mention a few things like TREY, BIKO and/or SFAD. They may be "real companies" but they're lousy stocks, because I don't think we'll see megafloat pigs levitating again anytime soon. Some people might even consider ADGI a "real company" but it's a lousy investment at any price, again IMHO. When things get crazy, the concept of market cap goes out the window because the naive people who drive prices of pigs skyward don't understand what it means, and that plays right into MMs' hands. I wouldn't like to have to wait for craziness to recur in order to have a shot at making decent money, so I'm sticking to low-floaters. -Eric
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