Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (28479)	2/8/2002 12:04:40 AM
From: TREND1	Read Replies (3) of 99280

Soft I have a friend you buys only small companies with PE's under 10. He has a good small company with a solid PE of 5, but it doesn't move. I keep telling him that a stock is just a piece of paper that you buy in the hope of selling it at a higher price. But if no one knows about your stock,it is not going to move no matter what PE it has. Right now every one loves EMLX and it will keep going up and up until it's story gets old. You may see EMLX as a bubble and you may be right. But until "the world" agrees with you it is stupid to short this stock.IMHO So you may be right, but wrong. Larry Dudash

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