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


To: Paul Senior who wrote (25932)2/6/2007 11:27:13 AM
From: Madharry  Read Replies (2) | Respond to of 78516
 
RE OSTK I must not have my brain cells functioning properly-the company reports horrible q4 results. the stock goes down only a little after the results have been reported. Today it receives an upgrade citing that perhaps all the news is reflected in the stock and today the stock is up over 10%. Personally I think this this company has had lots of chances it has a business model that works and I find it remarkable that a brokerage firm could reccommend the stock without some evidence that its business odel is working. This is as illogical to me as Dell moving back up on news that the ceo is leaving and being replaced by Dell who for the past 6 months has fully supported his CEO. Everyone seems to hate Dells computer support. Is he coming back to man the phones?
Like I said my brain cells must have a faulty connection somewhere.