Hey,
Some good posts again today. Let me say this to CUBE, who says that stock price talks and BS walks, and that stock prices aren't wrong.
You are so far off it's incredible. GEEZ. If stock prices didn't lie then you would be buying Every stock at it's peak and selling somewhere on the way down. Whether or not MRV's stock is fairly valued, overvalued, or undervalued makes no difference here. Your basic premise is that markets are completely efficient.
There are few things I know for certain, but markets are NOT always efficient, especially short term. Tulips, 1929, and then the early 80's (buy). At some time, stocks are an excellent BUY. I strongly disagree with your statement and premise.
i actually appreciate pINK posting (unless he lies intentionally, in which case I hope the SEC strings him up) but I' will agree with J Conley, as I posted earlier when pINK spoke of financial shannanigans to benefit management, that if this were the case, why weren't insiders SELLING??
once again, pINK, you don't answer this question.
Understnading a little human psychology, and taking that into account will do wonders to the outcome of any event. MRV management has HUGE incentives to move the stock price up. I DEFINITELY take that into consideration.
Richard
Bo Outlaw played great ball today |