I won't argue the point with you, anymore, but you're very good at taking quotes out of context. I believe you are the one who questioned my premise of KO being a breakeven stock for over a 10 year period, from its '72 high. Then you promptly supplied a chart from the mid 80's to the present. Yeah, I can see how that's relevant. Look, I'm not an Elliot Wave guru, nor am I a technician. I am a fundamental investor. And, it's looking for this fundamental value that caused me to question your logic when saying the market was not irrationally priced at the present.
If you want to monopolize the thread and have nothing better to do than to throw meaningless snipes, then so be it. You clearly didn't believe what occurred in the early 70's to the early 80's could ever replay itself. Fine. Yes, things are different this time. But, the one clear piece of similarity is that there are wreckless "investors" who are in the market for the first time, throwing money at stocks without knowing the first thing about how to value a company. This is not a reflection on those in ASND or on this thread. I am long ASND at 32 1/2 and 23, for an average of 27 3/4. I think there is fundamental value in ASND at these levels. KO is a different story.
Sorry you felt so upset by my differing opinion you had to whine to eveybody. I don't post nearly as often as you, but I think my point is valid, as were the facts I used (clearly, you need to check the facts before you dispute them or just shrug them off).
regards,
greg |
