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highline

12/19/07 9:56 AM

#1062 RE: kmikesara #1060

I mainly flip a few stocks here and there but am not a pro by any means.

I'm curious; how do you assess a share value when there isn't any siginificant revenues or contracts? No current way to make a profit?

Is the value based "betting on the come"?

If so, the rewards should be huge for making such a play because the risk is huge when you do business "betting on the come". If EEE is a "betting on the come" type play- it's still over valued as it will have a limited run in relation to money invested. IE- $6/share isn't anything significant in the grand scheme of risk/reward when there aren't any contracts or profitable revenues IMO.

I've added a few down here but will flip and wait for another dip.


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graham cracker

12/20/07 8:37 AM

#1097 RE: kmikesara #1060

Your analysis is equivalent to saying "I believe because I believe".

If you are a short term speculator you might get lucky. Long term you are toast.