Bob, I thought it was rather rude also that you were treated like that on this usually esteemed board. You will notice, that the flame resulted from a fast draw, "x times off the low analysis," which is nothing more than technical chart reading. In other words, the antithesis of what the thread's hero, Ben Graham, taught investors to do. Frankly, I don't understand how it is one can determine whether a stock is a value or not by seeing how far off the low it is.
Gosh, how would you value the corner drug store if you couldn't punch a quote into yahoo, and then press the "chart" link?
On behalf of the thread, please accept my apologies.
AS Buffet said: sometimes there's more to valuation than looking at price earnings ratios. |