InvestorsHub Logo
Followers 7
Posts 726
Boards Moderated 0
Alias Born 08/09/2009

Re: Koufax post# 9874

Wednesday, 01/12/2011 9:33:49 AM

Wednesday, January 12, 2011 9:33:49 AM

Post# of 34471
The SA article is VERY damaging for this space and make no mistake over the course of the next few months many are going to lose a lot of money over it, especially as it originates from a credible source, Zack Buckley.
The plus side is that there will be a flight to quality and names like CCME will start to attain justifiable PE's in excess of 20+.

For many of our other obscure stocks for example those that manufacture or produce cigarettes or complimentary medicine ( i won a few ) they will be taken down fraud allegations or otherwise.

Thats why CCME is 70% of my porfolio, has been since November

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.