Toy, you said: <<MSFT has been underperforming for a few months now. It has not just started to underperform.>>
and:
<<Take a look at the MSFt chart and tell me if MSFT has only recently been a dud.>>
I keep telling you not to discuss MSFT shareprice, or performance as an investment. That is based on how very bad your predictions are.
What I didn't realize however, is that you are just as bad remembering PAST performance. Seems so easy. Yet you cannot even manage this.
FYI, on April 9, MSFT hit post-split 95 intraday, and closed above 95. Today is May 12 - that's about a month and 3 days. At that point last year, (April 9, 1998) MSFT was at 44.5 (split adjusted). That means, it appreciated over 100%. If that is not fast enough, you can go back to October of 98, when the market broke down, and most stocks sold off - on Oct 8, 98 it stood at 45 - so in 6 months (April 9, 99), it appreciated OVER 100%.
So, how does that make MSFT **UNDERPERFORM** for "a few months now". A few months - 6 exactly, **over** 100% appreciation. That's underperforming?
Yes, it sold off. But it's been barely over 1 month since it's all time high - how is that "a few months" of "underperformance".
Maybe you should take your own advice and "look at the MSFT chart" - and see if it's been a "dud" for "a few months".
Boy, at least with looking into the future, one can say you are inept. But not to be capable of READING a chart of the PAST???
Toy, from now on, you should not only refrain from talking about MSFT's future price, but the past price as well. BTW, I have taken note of your post, and I'll make sure to trott it out with a url, next to your other infamous "under $50 and stay there for a long time" howler. I won't let you forget this one either.
Regards,
Morgan |