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.
Pastimes : Makin' money honey

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sandintoes who wrote (1869)11/6/2005 4:10:21 PM
From: stock leader  Read Replies (1) of 2260
 
Yahoo value stock screener reveals that there are NO 'gimme' deep discount stocks out there.

2-3 years ago there were dozens of these 'gimme' stocks , now there are essentially none.

Market makers have revalued these stocks in the past couple years. MM's have valued them merely at 'net cash' value which presents no value (if you buy them). And then the MM's simply adjust the price lower as cash is pissed by these 'value companies'

Essentially , the MM's have closed a very lucrative loophole that i used alot in the past.... but now it is very difficult to use.... almost useless

MM's want to make the stock market more and more like a casino.

It is more difficult to make money when betting on a company's business rather than it's cash balance.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext