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Re: learner1156 post# 14769

Wednesday, 02/25/2009 1:47:07 PM

Wednesday, February 25, 2009 1:47:07 PM

Post# of 348850
Learner1156

You must be careful how you use phrases like "It is one of the best I have seen at this price."

Currently we own 1 cent shares of 'promises' that are 'going to happen soon'. We have nothing concrete to sell at this point and anyone who owns more than 5000 shares cant even sell as there is no market to buy our shares.

AS for the Euros, whether they are real or not remains to be seen but one must also realise that different communities do business differently. It would be absurd to think that all business works the same way that things are run in N.A. Anyone who has done business in the Asian markets knows this quite well.

There is also a qualifier for the $55000 BMW. Some folks just wont buy something that is priced unrealistically low. Real estate is another good example. Price your house too low and everyone will wonder whats wrong with it!

Now think of how that applies here?

"Bad news is an investors best friend. Its lets you buy a slice of America's future at a marked-down price."

Warren Buffet