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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE
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To: ChrisJP who wrote (1921)1/27/1998 11:54:00 AM
From: lazar921  Read Replies (2) of 2377
 
Continued...Please do not take these observations as personal attacks. I have talked w Doug and he has given me his thoughts on things as they develop. I am not here to bad mouth anyone. I am just pointing out a particularly horrible pick. Before you say "we can't all be right all of the time"...That is true. I'm not and don't claim to be, but some of the stocks discussed here are very shaky. I doubt highly that people that move the markets even know RLLY exists. Some of these stocks are touted as bargains because of their low P/E. Well, I am not a fan of extremely high P/Es either...though one could have made a nice dollar on ONSL, AMZN, RMBS and the likes. These are great for short term momentum rides. However just because the S&P may have a P/E of say 25, does not mean AMVC is a "bargain" or a "value" because it has a P/E of 4. Chasing these little guys around is a hard job and I am pointing out that while small -mid caps are my favorites....under 3 or 4 dollars is ridiculous. The POW portfolio better than anyhting you've seen in 20 years?!?...You have not been looking in the right places. No offense to anyone...this is one of the only pages i have bookmarked. I am just saying be careful and don't expect too much from thinly traded $3 stocks. Also the TA is tough to apply to such small fries. And YES i would say a great % of the shares traded in some of these cos comes from SI posters/followers....remember you dont have to pay to read.
Caution to all........Good luck to all
Go RLLY!
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