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eik

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Alias Born 10/24/2005

eik

Re: Zorch305 post# 3744

Saturday, 10/04/2008 8:56:52 AM

Saturday, October 04, 2008 8:56:52 AM

Post# of 5803
Sorry to hear that. I don't follow ACMG but somehow am not surprised... US stock market is in a deep hole. Unlike big board stocks, pinkies usually don't have much room to go down... which is good in times like this. OTOH, most iHub stocks, even decent ones, are just rosy promises of future success. I expect hard time for this group in general. Why would I invest in "promise" if plenty of solid businesses are traded below NAV and below next year cash flow? And they are real businesses, not banks. :) "Doubles" and "triples" are waiting to be bought on NYSE or NASDAQ. When we reach the bottom (if this ever happens) they will be the first targets for survived investors... assuming that anybody survives. Many people will quit gambling on stock market - this is for sure.
IMO.

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