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

To: Mark Marcellus who wrote (30332)	3/14/2008 1:09:11 PM
From: Jurgis Bekepuris	Respond to of 78666

You would be trading against people who have a pretty good idea what things look like inside BSC and how much trouble their positions are in. I would not be so sure. Market is in panic mode and the sells are far from rational and people selling are far from "having good idea of what things look like inside X". Add to this a horde of newly "professional" short sellers and you have the current environment. I've seen the same "expertise" in hommies last year and trust me the short sellers and just sellers have very little clue of what's really happening inside companies they sell. That being said, I have no position in BSC and no plans to buy one.