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.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bridge Player who wrote (54642)12/6/2003 5:50:57 PM
From: Stock Farmer  Read Replies (1) of 54805
 
any opinion on the large dump in SNDK the last few days?

Show me a stock that's going to appreciate by 5x in 12 months and I'll show you a bunch of folks who are going to take profit 12 months from now.

And it doesn't take much profit taking to precipitate a lot more profit taking. We're going to see more of that as this next phase settles in. MO.

Companies are trading at very high multiples according to any reasonable metric. Folks who got burned holding through the first collapse are going to want to preserve profits this time 'round. These high-volume /no-news / rapid-decline activities are likely to punctuate the market on a random and unpredictable basis over the next while.

Likely to continue until the planetary supply of Maalox runs out.

Me, I'm really enjoying the ride back up. It's even more significant in the private equities market.

Hang on for the ride, but remember the rule that the last one out loses.

John
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext