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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (13786)9/16/1998 8:20:00 AM
From: UFGator93  Read Replies (1) of 18691
 
On Topic: ATHM

I've tried several times to start a conversation on ATHM. Has anyone else looked at this stock lately? It has a market cap of over 4 billion with revenues for the last twelve months of 20 million. It's hard to find another stock with as bad a ratio and this one isn't growing revenues the way it would have to be to support that kind of (over-) valuation. It had pretty good buying support over the last few weeks but that seems to have broken down. I must say I am a bit confused as to why the stock price manages to stay up but it seems like just a matter of time now. If it can re-test the recent action under $30 and break down from there, it should have a long way to go.

Off Topic: Politics

The choice isn't just between the Democrat and Republican candidates. Why has no one mentioned the Libertarian party? The more you look into the Democrats and Republicans, the more you find that they really have similar beliefs - more programs, more government solutions, more taxing, more spending, etc. They just differ on what degree they want these items. (Of course, my remarks are based on what the Republicans do, not what they say.)

Damon
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