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Re: jbog post# 112196

Saturday, 01/08/2011 3:45:31 PM

Saturday, January 08, 2011 3:45:31 PM

Post# of 257257

MON—I guess the real question is which period is efficient.

The answer is: neither period. Neither the sharp sell-off during the first half of 2010 nor the sharp rise in the share price since mid 2010 was justified in magnitude by changes to the company’s fundamentals.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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