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Re: junkHustler post# 17309

Monday, 03/19/2012 3:10:23 PM

Monday, March 19, 2012 3:10:23 PM

Post# of 33714
You're right, that is an "easy" answer. And one that is wholly unsatisfactory to the case at hand. Your argument implies that a stock with all that drawbacks admittedly present here, the latest of which is "no bid", keeps on selling by the truckload FOR ABSOLUTELY NO REASON.

Not only is your argument nonsensical, it is positively contrary to the laws of capitalism. The market demands something when it perceives worth. Your argument would make the case that a bunch of empty headed traders have money that they spend on something for no reason? Come now!

A much more rational argument is that the market percieves some value here that convinces them that the value is far greater, at least in the future, than any present drawback could erase.

And thats no bull.