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Re: brooklyn13 post# 3441

Monday, 06/17/2013 10:59:35 AM

Monday, June 17, 2013 10:59:35 AM

Post# of 15276
"i'm glad you're the one who decides who should be investing in what."

Never said that, did I? However, the only other stock I recommended on this board was MITK. That was on April 29th when it was $5. Today it hit $7.70. You actually might want to listen to someone who recommends a stock that goes up 50% in a month and a half rather than just automatically being so defensive.

" I'm sure you'll be able to provide numerous examples of institutional ownership of stocks with this sort of p/e, so how about one?"

No, I can't provide that kind of information because I really don't care. The kind of funds or institutions that invest in a penny stock like DSNY are very limited and probably quite small. But I am sure there are some and they will be the ones who profit the most. But, that's really not what I was commenting about. I was talking about how meaningless PE is relative to this type of stock at this point whether it be for individuals or the kind of institutions who would take a stake in DSNY now.

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