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Patrick Bateman

07/08/04 11:41 AM

#266759 RE: Ghetto Fabalis #266742

Reason is at least three-fold

1. People like low priced stocks - that's just the way it is - they, okay, we think we can get a better percent return if we are correct

2. people love a bargain - people who are by nature bottom-fishers see a stock that was 10 fairly recently, has had no public bad news, and is still owned by Zeev - (granted, it keeps becoming a bigger and bigger bargain)

3. Going back to 2, people respect Zeev's opinion - Zeev's still in it, therefore the herd is following - Zeev seems to be holding till at least earnings (since he's expecting a blow out Q)