SI
SI
discoversearch

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.
Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sam who wrote (1146)7/31/1997 2:42:00 AM
From: Chi-X   of 27307
 
Sam, what fundamentals? YHOO is one of the fastest growing companies in HISTORY. YHOO is trading on the future growth potential, not trailing earnings.

It's people computing numbers with PE's and all that other fundamental stuff that ends up getting short sellers burned. You guys just don't understand about the basic concept of supply and demand. The number of shares outstanding of ASND is pretty small. The amount of shares being demanded is high. It's DEMAND that's driving the stock higher. It doesn't matter if fundamentals don't match the stock price according to texts books. Heck INTEL, DELL, & CPQ don't even match text book price computations. You short those stocks too?


Cheers,
Chi-X has Spoken!


CEO
Chi International
members.aol.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext