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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: GraceZ who wrote (203917)	11/11/2002 11:55:08 AM
From: Israel	Read Replies (2) of 436258

You don't even know what the fundamental value of EXPE is and I suppose you or anyone else does?? Whats it worth? $37 where it was just a month ago?? or $70 where it is now??? EXPE's stock price is not based on any value or metric you might have described.. Its price is determined by the fact thats it has a 60% short position and momentum funds and traders use it as a vehicle to trade up and down swings.. Its a momentum stock, whose value has little or nothing to do with the underlying principles or fundamentals of its business but rather traders sentiments.. we'll see <gg> Israel

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