Wal-Mart Message Board - Msg: 1865153

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wal-Mart

WMT 102.48

-0.1%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TheInvestor who wrote (191)	7/29/1997 11:53:00 PM
From: wiz	of 1166

Ben There are about three points in your post I would like to adress, but I don't really have time right now. I was short from 33 to 35 1/4, but covered when I saw the bulls were running.-g- This thread is very thinly followed, and anything said here is for "entertainment value" only. My main point,(and it is almost market wide), is that most stocks right now are trading beyond any historic valuation. I don't beleive that "this time is different", and so I beleive eventually a correction(a rather large one) is in the cards. Just because WMT, or whatever stock is "doing well", doesn't nessesarily mean that it's stock should go up! WMTs stock price has almost doubled in the last 52 weeks. Have things gone that well over at Wal mart? I don't think so. Money keeps pouring into the market, and boats are floating above the peirs. There are plenty of opportunities to make money in this market.. but call it like it is! Yes WMT might go up from here, but it aint worth it, not even close! As to ML.... yikes!-g- Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next