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Friday, June 25, 2010 9:57:54 AM
It's bad because it's in pennyland
Are all "company's" bad in Pennyland? (Remember...a penny stock is any stock below 5 dollars a share)
it's bad because the stock price is falling because people are getting out
All stocks that are having a downtrend due to traders exiting are bad? (rememeber, all stocks at some point have downtrends...I guess all stocks are bad...right?)
it's bad because if it was good, it would be selling products that would be raising the stock price be revenues were good.
Does the PPS for all companies that sell products, go up and down everyday of year based on how much revenue they generate daily? (Wait a minute, how would we know how much they're making daily? Isn't that what quarterly reports are for?)
It's bad because the revenues suck.
every company has to start from somewhere. I'm sure Google wasn't profitable when they first started...last question, remember, yes or no...Do you think a company is "good" depending on where their stock price is?
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