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jk21

07/25/08 3:20 PM

#72619 RE: tombrady12nh #72614

Tom, I can explain it to you. Stocks go up, Stocks go down.

Mr. Market is not always right. Warren Buffet looks for mis-valuations to make money. They can be found in the market on any given day. Look for them too. Especially when they are right under your nose.


GLTA, "Ya Gotta Believe"......in Yourself......and Jose Reyes and David Wright of course.......Time for redemption Jose and now you got Johan to back you up....
My notebook: #board-9317
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Jang-A-Lang

07/25/08 3:33 PM

#72624 RE: tombrady12nh #72614

Have you ever heard of momentum? I mean, there are a crap load of day traders who run stocks up much higher than the company is worth (DPDW at 2.35 last year), and you eventually get the inevitable drop below actual value (.35). Then consilidation(between .35 and 2.35) occurs when bears\bulls are trying to decide who wins. You, obviously a bull, think the company is undervalued at .81 therefore you are long and hold your shares. Some, bears, may think they want to see some real profits before they think this company is worth a 91 PE. I could go on and on, but I won't bore you anymore...

You don't understand how markets work if you don't understand why this company is trading at .81. IMO