Nick;after not posting for 2 years you're telling me EXTR is a good model at PE 130+,,»
I think you believe a stock worth what you can convince others it is?
Isn't that the 'eye of the holder'.
There are more dolts on SI than one would think.
It seems they typify the usual arrogant college grad who believes
no one can have an IQ higher than the IMMENSE 120 they possess.
The market is not full of 'intellectuals' predicting performance on "valuation models".
It's a mix of panic,greed,housewives,blue collars,manipulators,tech traders,
day traders,shorters, {other people's money} managers,and {oh yeah}"valuation modelers".
Meaning it's un-predictable!!!
And further,are you 'saying' buying an IPO at just about what it priced at,is a bad move.
If you are 'saying' THAT,then you don't think much of the "valuation models" of the
established leaders in modeling...namely Morgan Stanley?
If you're projecting anything beyond 6 months,then you don't need to worry about
a few dollars one way or another...because you'd be a very long term holder.
In all 'likely hood' ether stock at these prices would lead to profit for both of us.
But there is no need for name calling.
I forgive you your transgressions. |
