Bosco & Crossy's stock picks,talk area Message Board

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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (3993)	9/17/2003 12:50:06 AM
From: michael john stout	Read Replies (1) of 37387

crossy- well I am no longer holding it after the runup. It feels like 1999 again- this market is a tulip style mania for sure! One stock I follow, PACW, is up 200 percent in a week or two on NO NEWS of any kind. Strange days indeed. Definitely sour grapes on my part because the way to go is to just invest in bad companies that are favored by traders. A friend of mine turned 10,000 into 1 million so far this year by trading CMGI, ICGE, and a few other stocks. That's 10,000 percent, or 50 years normal market return in 6 months. Who says the bubble is dead? :) Nasdaq's GAAP value is 500, pro forma value is oh, say 13250823058302581085305780580 or so.

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