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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: Rande Is who wrote (16938)2/4/2004 2:32:10 PM
From: Bucky Katt  Read Replies (4) of 48461
 
Rande, this ties in well with my post #17673 and your thinking as well>>






Charles Biderman is the president of TrimTabs.com, an investment research firm.

SANTA ROSA, Calif. (CBS.MW) -- The current stock market is a bubble waiting to burst.





At TrimTabs, we view the stock market essentially as a casino. Public companies are the house, while investors are the players. The basic premise of our approach is that stock prices in the casino are determined mainly by liquidity -- the supply of shares and the money available to buy them -- rather than fundamental value.

There are two major reasons why we think that the current stock market is a bubble. First, the house has not been buying much lately, either through stock buybacks or purchases of public companies for cash. Second, the players have been buying heavily, which usually occurs at or near market tops.

cbs.marketwatch.com{3A2C5BB5-EC2B-4154-B3C4-E349D6D7EE55}&siteid=mktw&dist=&archive=true
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