Replies to post #126053 on Biotech Values

[BTH]

I am convinced that if the US government entirely printed false numbers saying GDP was at 2.5% and unemployment was at 8.5% etc etc etc., that the corporate lemmings and all these other people ( who continue to be flipped flopped back and forth by the nitwits on CNBC and Fox, i.e., Bob Pisani who repeats the same thing over and over and over all day long like a freaking parrot) would frantically start hiring and buying more things etc., and our economy would turn around very quickly.

There is a tremendous amount of negativity in the media and general public which isnt helping at all.

Just do what China does....lie.

[linhdtu]

re: 4 Myths

I would be leery in following Ken Kam's opinion. I do remember him from my days as an investor in Elan and Ken Kam was one of the most enthusiastic booster/believer.

When I followed your link , I found this : http://www.forbes.com/sites/schifrin/2011/01/26/why-chinese-value-stocks-get-no-respect-on-wall-street/

Well, CCME is now BK fetching all of 31c. Hank Greenberg (of AIG)lost big and unfortunately the shorts were dead on.

[DewDiligence]

S&P 500 closes above 1,800 for first time ever:

http://online.wsj.com/news/articles/SB10001424052702304337404579213362199412366

The S&P 500 rose seven points, or 0.4%, to 1802, cruising toward its first close above 1800… Friday's session was quiet, with long-term tailwinds that have lifted stocks this year continuing to hold sway. An accommodative Federal Reserve, paltry returns on other assets such as bonds and steady expansion in corporate profits continue to draw investors to equities.