You obviusoly are clueless as to what is going on in the market.
Hey, play nice...
If you are refering to financials of the company then all I can say I don't know what they are and I don't care. I am only in it for the ride.
That's cool, you're a momentum investor...I have no doubts that this works
for some people.
Most people think that the behaviour of a stock has to do with what the company earns and will do in the future, and use financial ratios such as those published in Value Line. But the stock movement has to do with how large is the cap and how many MM (market makers) are there.
You really don't think that behavior of a stock has anything to do with what a
company earns? Are you joking or just blinded by your ideology? And by the
way...this stock has ZERO market makers - it's listed on the NYSE.
Most stocks that are moving higher have bizzare PE ratios and financials and defy logic e.g DELL keep doubling after every split.
Don't you think that this may be BECAUSE Dell keeps doubling earnings,
not necessarily BECAUSE they keep splitting the stock??? Sure it's pricey,
and momentum has a lot to do with that...but it's got that momentum BECAUSE
the company is doing so well, and people think that everyone else thinks
it's going to keep doubling earnings.
As for the 3:1 ratio I did not pick it
duh
Go look up the chart before you tell me it was not basing.
Go look up a quote before you start shooting off at the mouth about NASD
Level II.
you can keep the stock and enjoy the financial reality.
Thanks, I just might.
I just put my ideas down. If you don't like em don't worry about them.
That's all I was asking for...why are you so defensive? I'm just trying to learn
about what your thinking is...it's important to me to find out why people make
the predictions they do, not just follow them blindly. You have now elaborated
for me, and I understand what your reasoning is. i may not agree with it (I
don't), but who cares? I'm interested that you think that way, is all...
Relax...differences of opinion make these boards informative and educational.
Thank you for your detailed post...it answered my question.
Regards,
Andrew |
