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Thursday, May 26, 2011 7:26:42 PM
As it relates to this stock I will say that econ 101 says to wait for the fins to come out and look at the financial statement. The simple formula of TR- (FC +VC ) >= 0 – ( FC+0) " assuming the business is profitable" dictates our response. Since I am sure there are some mathematicians in the house. You quickly moved straight to TR>=VC when determining your position in this stock. All in all I will say as it related to economics your response should be A… As it results to investing Dr Pennystock says your results should be B… As it relates to me, I say, good luck and see ya on the flip side…
For those of you not able to follow along I will say the Economics is not an exact science, neither is reading charts… The most influential thing in PPS is “notions.. aka speculation”.. What drives PPS is perception. Do you think people will buy more or less items with this technology… If you say less then you are an idiot….
Dr Pennystock is a master at reading charts which I would attribute to normal human behavior… He has a formula… Follow him or go back to school.. I will say that it is funny that I see him show up on many of the stocks I invest in.. I doubt it is a coincidence especially since I have different usernames for various boards… Food for thought.
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