Sergio,
<guest amigo joe>
Hope Joe does a better job than I did :-) ORBT down even more today.
Now trading just over 9 times earnings.
It seems that the market is interested only in what is hot and what is not. Thus far those stocks that I have brought here PRIOR to the rise in price have yielded a 29% return (EGGS, GTNR, PFINA, HOEN, CCAR, RDNK, ICOR, KRHC, MDIX) Those that I have bought that have the fundies to back them (ATPX, AIRM, APCO, PURW, CADE, ROIX, ORBT) have yielded an 8% loss over the same period. hmmmmm which way to go?
I'm not trying to downgrade the fundies Sergio. I know that in TIME these stocks will pay off and I do not fault the companies or the Amigos, but the emotions of buyers and sellers is what obviously is driving the present market.
It is very difficult to sit on a sound stock that keeps inching its way lower and lower when one sees the wild and profitable moves that some of these outragous stocks are making.
Agreed that those stocks that are brought here, after the fact, are upsetting, due to the "look at me" attitude. I post here very little now due just to that fact, as I do not want to be included in that group.
regards
Ken W
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