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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: gdog who wrote (65645)	9/30/2000 11:21:55 AM
From: myturn	Respond to of 150070

ZALLRIGHT! I am not a big fan of PE ratios or Market caps on OTC stocks. The evaluations methods I believe anymore are archaic in basing what is the true value of a company in today's market, including Naz and NYSE stocks. I don't have a clue as to what new type of evaluations should be applied to a company. I am not an economist. I just don't see these theories working the way economist intended them to work 50-75 years ago. I call it in investor sentiment. Now, if they could factor say 3-5% investor sentiment into the equation via a survey; I believe they would be better off estimating earnings and not listening to what the company believes is going to happen. Yes, I understand that investor sentiment is not a true number based on earnings, but it sure affects the price of stock when things go bad or things go good. Heck, investor sentiment already throws a curve into the frey already. Investors are constantly being held in check with their heads spinning on a daily basis. Forget that theory. That's not going to work. ROFLMAO. We already screwed up the Market earlier this year and the big boys put us in check and we paid dearly for it. LOL I don't have answer for you. At least a rational one. LOL A prime example is what happened to APPLE on Friday. Based on its market cap and closing price on Thursday it was way overvalued. Now, due to the so called expert analysts that a lot people base their investment decisions on; APPLE is going to miss their earnings estimates. Who got hurt in all of this? I assure you not the institutions. They have been shorting the stock ever since post split just waiting for this day to come. A huge short position was in APPLE. I had never noticed a huge short position in APPLE before the split. Nearly 5% of the float is being shorted. Over 9 million shares. It looks like Friday's activity that the short position even increased. Why? I don't have a clue. APPLE is not going to go away any time soon. The company almost self distructed once. Steve Jobs is not going to let it happen again. He has to big of an ego. Just rambling. DISCLAIMER: I AM NOT AVERAGE INVESTOR AND I DON'T BUY STOCKS BASED ON PAST OR CURRENT FUNDAMENTALS. I BUY STOCKS ON SPECULATION, SPECULATING THAT THEY WILL GO UP ON FUTURE EXPECTATIONS OF WHAT COMPANIES ARE TELLING ME OR THE INVESTOR SENTIMENT THAT IS INVOLVED IN THE STOCK AT THAT TIME. PLEASE DO YOUR OWN DD ON ANY STOCK I POST ON THIS THREAD. NINE TIMES OUT OF TEN I DIDN'T BASE MY INVESTMENT DECISION ON THE COMPANY'S SEC FILINGS, BUT ON WHAT I WAS TOLD BY THE COMPANY OF POSSIBLE FUTURE ANNOUNCEMENTS THAT WILL HAVE A POSITIVE AFFECT ON THE CURRENT SHARE PRICE. THE ONLY PERSON I TRULY LISTEN TO AT THE COMPANY IS THE CFO. NINE TIMES OUT OF TEN HE IS THE ONLY ONE TELLING THE TRUTH AT THE COMPANY. ALL TONGUE AND CHEEK. Cheers RG