Thanks for the advice deathtotaxes...
I'll keep that in mind...
I don't mean to be overconfidence, showing off, and keep patting myself on the back... (though that's is what it seems to be happening)
I apologize to anyone that I offend with what I have said.. both regarding MDF and other stocks...
I tend to care too much especially when I have a lot of that company's shares....
I was just trying to inform peolpe on the real situation of the company so they don't get mislead especially by people who has been touting crazy numbers (as much as 400% than the actual net income in Q105).. and about what the stock price should be, that's up to everyone else in terms on how much multiple they want to pay for a company like MDF. I initially only date to pay 10 times earnings and as times goes by and reading more post in the board, people try to cinvince me that it should be at least 15 (if not 20) , so I started to embrace multiple of 15... so it's a learning process...
by the way, What do you mean by being shortsighted (and my goal is shortsighted)?
This is a really puzzling statement... I thought I'm not shortsighted by really researching MDF and knowing the ins and out (and not just the technicals and how the charts is moving)
what area/factors that I am shortsighted regarding MDF? I’m actually thinking about the long term Otherwise I would have sold a long time ago. Please let me know. I really want to improve.
I used to be very conservative and I have improve a bit.. otherwise I would have continue to bash the stock and bring them all abck to reality (and to counter people who actually really pump the stock with their unreasonable estimate and misleading a lot of new investors who will then hold the bag or selling at a loss)
I only have 5 more post available today.. so if I didn’t respond to your post today, I’ll try to reply tomorrow..
I think what you said about “think before I post” is a very good suggestion..
Stan
