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Alias Born 11/29/2006

Re: MLK post# 6102

Wednesday, 05/23/2007 11:44:00 AM

Wednesday, May 23, 2007 11:44:00 AM

Post# of 9101
The bids dont disappear, when a higher bid is entered it fronts that order and you dont see since only best bid/best offer is shown. If you have access to open book, you can actually see what the Specialist has in the his order book.

I agree that stock will only trade up on a ramp up on revenue. This is nothing new. I, personally, dont think the stock trades down from here. I think fair value has been decided by the interested parties at this point. Whether it trading $2 or $5 its basically all specualation at this point anyway. Either you believe, or you are gambling.
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