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S&P 500
5,870.62
(
-1.32%
)
US TECH 100
19,880.00
(
-2.30%
)
Dow Jones
43,444.99
(
-0.70%
)
Brent Oil
71.25
(
0.50%
)
Bitcoin
91,318.61
(
0.28%
)
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omnedeusexmachina

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omnedeusexmachina

Re: xperienceit post# 2963

Friday, 09/27/2013 4:10:46 AM

Friday, September 27, 2013 4:10:46 AM

Post# of 17242
I don't think a pullback is needed for FREE. Maybe for NEWL, but I think FREE could run another 50-90% today. Its valuation, depending on its OS is anywhere from $24/share to $5-$6/share. And, as you pointed out, this is all based on the BDI regaining its footing. These are SEVERELY beaten down stock prices. The BDI was about 90-85% down before this turnaround started, and its still not even close to its old levels.
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