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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.33
(
0.36%
)
Bitcoin
62,886.90
(
-0.43%
)
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john302

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john302

Re: 996 post# 4988

Tuesday, 10/28/2008 11:07:01 AM

Tuesday, October 28, 2008 11:07:01 AM

Post# of 8313
is there a reason why pps keeps dropping

Flight to safety...mostly all chinese reverse mergers are getting slaughtered. Ppl don't trust them as 'legit'. If it doesn't pay a dividend then there is no bottom, in this market. Valuations are out the window. I have profitable companies with their whole market cap trading for less than net cash, or less than net profit; and they keep dropping because they don't pay a divi. Sucks for GTEC because it needs its PPS over 4 bucks...But its not alone.

An investor's mind: http://www.retro.ms11.net/InvestorMind.gif

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