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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (15852)11/22/2002 11:49:11 AM
From: Paul Senior  Read Replies (3) | Respond to of 78482
 
Jurgis Bekepuris: On the drying up of the buying pool:

After reading your post I went back to review my notes and some of the past months' posts by people here. I'm amazed at how so MANY stocks have gone up 50-500% in the past month from their lows. Especially the really low lows of the tech stocks. As an example, anybody buying ATML around Oct 10 gets to brag about a near five bagger (.58 to 2.70) in six weeks. Anybody buying even Jan. to mid Aug. though is still underwater, maybe way underwater. It all depends when and if a person bought - as it always has. Just that it seems so extreme now with so many stocks. (Aside: ATML didn't look so great to me on Oct 10, nor now either.)

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What do you see as the possible appeal of RTRSY now?