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S&P 500
5,870.62
(
-1.32%
)
US TECH 100
19,880.00
(
-2.30%
)
Dow Jones
43,444.99
(
-0.70%
)
Brent Oil
71.25
(
0.50%
)
Bitcoin
90,581.12
(
-0.53%
)
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Re: guzzlergut post# 27047

Sunday, 03/07/2010 3:48:49 PM

Sunday, March 07, 2010 3:48:49 PM

Post# of 68397
I don't know how they can be worth that much, but I know shares are worth what the market is willing to pay. I could point to many examples of companies that have absolutely nothing but have a high market cap, and companies that have decent operations but nobody's interested in their stock and shares can be gotten at a fraction of their value.

If you need some specific examples, PM me and I will outline them.

DISCLAIMER: I am a dirty, rotten penny investor. I am not compensated by any stock. I've asked them to pay me, they refuse. I buy stock on the open market. I sell it there. I like money. I am greedy. I am under the care of a psychiatrist.

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