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Technology Stocks : Axon Enterprise, Inc. (AXON), formerly Taser Intl. -- Ignore unavailable to you. Want to Upgrade?


To: Bid Buster who wrote (704)3/24/2005 2:37:41 PM
From: im a survivor  Read Replies (2) | Respond to of 974
 
Yep.....I think so many people are obsessed with trains that left the station with them not on them, that they watch these trains looking for the next ride.....People dont look at market cap, unfortunatly...most look at the dollar price of a share and then say it is 'cheap' or 'expensive'. They dont realize that $10k invested in a $5 stock may get you far more shares then 10K put into a $50 stock, but the fact still remains that the PRICE PER SHARE does not matter...what matters is the $10k you put down and what % it goes up.....But, most disregard this...as evidenced is if you peruse some other message boards you will see more people then you can count talking about how cheap tasr is, and they keep basing it on the actual price of a share, not it's actual market cap....take away all those splits, the stock would be at a far higher share price, but market cap would be exactly the same, but the naive investor sentiment would be " it's expensive here at $60"...So, knowing how many naive investors are watching this stock and how many are hoping for a chance to board the TASR rain for another run to $100<g>..and yes, I can see this easily shoting higher just because of the naive investor factor...FAR TOO many naive investors watching this...and saying they are ready to buy cause it is so cheap...and yep, it could get alot of buying interest if news stays good......Now, what the smart money will be doing, may be completely different, but with every freakin naive investor in the world capbale of hitting a buy/sell button, I have little doubt they will be hitting the buy button on TASR....And if the hedge funds are smart, they will wait for the naive investor to drive this up a bit and take it down then....