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.
Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew Fenic who wrote (10403)4/20/1998 11:03:00 PM
From: Zebra 365  Read Replies (2) of 27307
 
<<Yahoo investing is not speculation at this point. It is foolishness of the highest order; the stock has become a pyramid scam that will feed folks at the bottom who bought in at $20 and crush every fool at the top who chose to jump in at $120. Yahoo has huge losses and pissant revenue yet it trades at a market capitalization in the billions.>>

Andrew,

With such good sense you might have shorted the Mississippi Company of John Law in 1719, when this paper company was worth the astounding sum of one-fourth all the gold and silver in France. This would have been sheer folly as it thereafter rapidly rose %800 to be worth twice all the gold and silver in France. The market does not award prizes for having the best calculator. Don't buy falling knives or short shooting arrows. This arrow could skewer every fool who shorts it at $125.

Charles Mackay, LL.D. 1841
Extraordinary Popular Delusions and the Madness of Crowds

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