InvestorsHub Logo

LouisDesyjr

09/05/16 2:10 PM

#22836 RE: StockAlphaDave #22835

Your damages estimate?

What is your damages estimate?

I think that the old model may have some predictive value if we see if the assumptions back then still look like they are on track for today or not.

As one example, there was an older poster that kept predicting the shares would fall to $0.05 or lower eventually. At the time, a number of people did not think that would happen, including me, especially since the stock was trading in the $0.15 to $0.25 at the time, and even sometimes got up into $0.30s. At the time it did not seem rational that people would allow the stock to fall so low, unless the company completely lost the case.

While that poster did not seem to understand themselves why they thought the stock would go to $0.05 or lower, it turned out they were correct over time and showed that they understood how the share were going to trade over an extended period of time.

Louis J. Desy Jr.