The first statement is certainly the safest prediction of the lot. <GGG> I would not have responded to that one alone. He just seems so cocky and his track record really sucks. My point most of all is that that kind of windbagging is often a contrarian indicator.
Bcrafty, stocks that were once over $20/share that later fell below $10/share, there was a 92% chance that those stocks would never see $20/share again.<
Did the study distinguish between stocks dropping for company or industry specific reasons and others that just followed the indices in a bear market? Must make a difference.