InvestorsHub Logo
Followers 1183
Posts 134793
Boards Moderated 3
Alias Born 08/27/2003

Re: TipJensen1 post# 5643

Wednesday, 11/22/2006 10:26:16 PM

Wednesday, November 22, 2006 10:26:16 PM

Post# of 19383
LOL, okay, UWNK is priced for perfection in terms of ONE restaurant.

If the entire plan of operation was one restaurant, then, yes - you got us.

And when the stock was at .30 with NO restaurants, you could have come here and said with a .30 stock price and no restaurant open, the stock is priced for perfection.

Hell, the entire market cap could have been $1.00 and one could say it is priced for perfection.

But obviously the term "priced for perfection" usually means going forward. And going forward, a successful restaurant chain that operates perfectly isn't going to be discounted back to a price of $60 million. Therefore it's obviously not "priced for perfection" and you simply have no clue whatsoever what that phrase means.

"The phrase “priced for perfection” is becoming ubiquitous in descriptions of current financial market conditions in the US. It describes a situation where the value of securities is dependent on no alarms and no surprises, no nasty shocks, with everything turning out as expected."
http://economictimes.indiatimes.com/articleshow/1945382.cms


If UWNK were priced for perfection, it would be a $30 stock. But there is much risk, uncertainities, unknowns, and time involved so it is priced at $2.

Raw