Frank -- do you even know who D.E. Shaw is? Why don't you call them and find out what their minimum requirements is for opening an account. I give you a hint, their full service accounts start at 8 (that's eight) digits. Not only D.E. Shaw and these microcaps are not in the same ball park, they are not even on the same planet! Like I said, the name of the game is asset gathering *not* commission collecting.
BTW, you lied to me Frank! I am disappointed in you. I checked with my broker and your shares were not available for short selling. Here is a thing to ponder: these stocks have not been available for short selling since before their highs. So you can't believe the shorts for the stock drop because they could not and cannot sell anymore to lower the price. That said, then the only reason for the price drop is that more and more longs are realizing that the music has stopped and they'd better grab whatever chair they can.
Bo Le -- Tell me about the 3 year (hell I'll even settle for one year) sales growth at MHMY and what rate you think think they can sustain that growth at, and I'll tell you where they should trade. EPS growth is a very subjective thing. I think when a company executive says I wish I had shares to sell, it should tell you that the stock will never see its highs any year soon.
Good luck to all of you,
Sun Tzu
P.S. Frank, I had a high school math teacher with the same last name as yours. This is not a common name so I thought you may be related. If you are, let me know. He's a good man. |
