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hdwrsft

08/01/17 11:13 AM

#28327 RE: Simple Steve #28316

Well, maybe you're right.....maybe you're wrong....it's just that "simple."

zzaatt

08/01/17 1:29 PM

#28359 RE: Simple Steve #28316

You'll open your wallet again if it sinks to $3 or $4. That's the type of investor companies love, ones who open up their wallets and donate more money to them regardless of results.


PPS is a poor indicator of the ultimate directions of a company.
If I followed your criteria I would have sold Ariad when it plunged to 2.50,
(I didn't) then it sold for $24 two years later. The significant variable with
respect to buying/selling is your confidence in the ultimate value of the product.