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xZx

01/15/08 11:00 PM

#46676 RE: mystic krewe #46675

mk, the thing about the PRs is that they are the most forward looking thing we have. and this is a growth stock. waiting for filings means finding out down the road where you were months ago. it's a great metric, because it is full of so much detail, but it doesn't tell growth investors what's visible through the windshield -- only what's in the rear view mirror.
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chevdawg18

01/15/08 11:10 PM

#46681 RE: mystic krewe #46675

I agree with you there MK in the fact that the $2 level was not overvalued. Several factors are in play here, but i firmly believed, and still believe that $2 was not overvalued at the time.

With that said, i realize we have had a major selloff now, and i believe it all started with insider selling which brought us down from the $2 level. The question is, is that selling stopped for now?

But i do agree that $2 was not overvalued, but something happened that certainly took us down nice and fast.