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armour1955

05/16/10 3:36 PM

#26233 RE: dh30067 #25880

Spoken like a true trader...earnings are ultimatley the only driver for long term and sustained profits...in the pink world dominated by tricksters and scammers a pps can be driven by information of all stripes. The pps of many companes are at high levels and low levels which cannot in anyway be justified using "traditional and historical" methods of evaluation. In the current climate trading is dominiating from Pinks to NYSE. Only a hand full of market participants have confidence in traditional methods of analysis. That lack of confidence is the direct fault of wall street when if decided to experiment with of almost complete deregulation. We see the consequences. We do not get confidence back into the markets and re-establish trust the entire model will crash world-wide and economic activity will suffer for a two or three decades.