Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: stock leader who wrote (117920)	12/2/2000 5:00:38 PM
From: Softechie	Read Replies (1) \| Respond to of 120523

Is this thread a pump-n-dump thread?

To: stock leader who wrote (117920)	12/2/2000 7:35:03 PM
From: pooh	Read Replies (1) \| Respond to of 120523

stock leader: "JNPR's and CSCO's are just waitin' for a hurtin. they trade at zillions of times book value* which is garbage in this market. i wouldn't touch that crap."* stock leader, there may be something's wrong with my qchart. It shows that the book value per share of STMP is 9.9 versus 1.9 and 3.9 of JNPR and CSCO accordingly. STMP is now about 1/2 of what you could have bought in August. Imagine what the book value per share of STMP was by then (hint: take the price you could have bought divided by 2.5 then multiply it by 9.9) <gggg> How about this: with $200K, you could have bought just 5000 shares of BEAS in August at 40, selling at the end of August at 70. (For value trader, the current book value per share of BEAS is 1.3). Selling 5000 share of a stock that has the average daily trading volume of 8 Millions shares is much easier than selling 50,000 shares of one that traded only 700,000 share/day, don't you think? -- just an opinion of an observer - peace <g>

To: stock leader who wrote (117920)	12/2/2000 9:18:17 PM
From: pooh	Respond to of 120523

stock leader, please ignore my previous post. I meant something else. <ggg>

To: stock leader who wrote (117920)	12/3/2000 5:47:47 AM
From: lee kramer	Read Replies (1) \| Respond to of 120523

Stock Leader: It seems that you're trading penny stocks based on a "fundamental" premise; that you find some safety in a stock selling below it's "cash-value." The problem you can run into is that a stock selling at say, 10% below cash-value can also and suddenly sell at 20% or 50% below cash-value. I think that it's best to trade primarily on technical analysis, with fundamentals taken into account. If you're trading a stock on the long side it "may" help if the company is fundamentally "solid"...and if you're on the short side it may help if the fundamentals are deteriorating. In the former case it may prevent or forestall selling, in the latter case it may induce or intensify selling. Trading well is a skill, an art. It's often unwise to rely too heavily upon a static strategy. Buying penny stocks at or below cash value may work for you at times...but like other strategies the market tends to humble those who think their strategy will always "work." It's an extraordinary game we play. I hope you're humble enough to trade wisely. (Lee)