News Focus
News Focus
Followers 36
Posts 4613
Boards Moderated 0
Alias Born 07/07/2002

Re: Ghetto Fabalis post# 266742

Thursday, 07/08/2004 11:41:24 AM

Thursday, July 08, 2004 11:41:24 AM

Post# of 704047
Reason is at least three-fold

1. People like low priced stocks - that's just the way it is - they, okay, we think we can get a better percent return if we are correct

2. people love a bargain - people who are by nature bottom-fishers see a stock that was 10 fairly recently, has had no public bad news, and is still owned by Zeev - (granted, it keeps becoming a bigger and bigger bargain)

3. Going back to 2, people respect Zeev's opinion - Zeev's still in it, therefore the herd is following - Zeev seems to be holding till at least earnings (since he's expecting a blow out Q)

Virtually Yours,

Patrick Bateman

"It puts the lotion on its skin or else it gets the hose again."

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today