Replies to post #86131 on China Growth Stocks

[realfast95]

And what about HRBN? Did Geoinvesting, Little and Pearson get that wrong? Of coarse Little pumped it as legit, before he pumped it as a fake.

BAC's current problem isn't it's home loans. It's the lawsuits.

Their mistake in all of this was to get suckered by the Fed into buying Country Wide and Merrill. They didn't need to do that.

This morning on Bulls and Bears, one of the regulars said BAC up 50% in a year.

Warren Buffett(WB), has put billions into GS, WFC, USB and now BAC.
(So one could ask, what's wrong with JPM and C.)
But I guess a lot of people think they are smarter than WB and are predicting BAC's demise......

[Drexion2004]

Just like many stocks outperform the market when its going up, those same stocks might under-perform the market when it is going down. Many smart shorts, knowing this, might pile into those high-beta names when they think the market is going down. Often this means nothing bad about the company, but simply that they want the high beta downside movement (Note that I am not making any mention whatsoever to the RTO space with this statement).

Your certainly correct that the market can get evaluations incorrect and go WAY too far to the upside. AMZN, NFLX, etc etc are examples. My simple point is that you can't claim the market 'gets it wrong and goes too far to the upside on certain names' and then claim there are not insane deals out there for people to pick up that are 'mispriced' by the market. Both sides of this coin exist and investors can benefit from both sides -- Just as both sides of this coin have their respective risks associated with them.

Often you will find these 'mispriced' names with companies that have convoluted corporate structures or weird accounting-rules that mask their true value from simple screening-searches and so forth.

-Fernando

[2morrowsGains]

ratobranco...Percentage gains have waaaaaay outweighed the losses. No doubt about it. The sector (market) is now obviously in pull back mode (getting crushed), but that's just the way it goes.

"2morrow has been pumping absolute crap with high short interest for well over a year. It's scary to think how much money people would have lost had they gone with his picks when he first advertised them on this board."...

- From the time I "first" posted my picks on this board (got a lot of them came from the board), I'm guessing 90%+ of them had solid gains before crumbling. The whole sector has crumbled.

"2morrow is going irresponsibly pump CHME and BOPH despite the massive portfolio drawdown created by his past picks? I'm going to call that out."...

- CHME...I make a post referencing CHME, clearly stating I'm not sure how things will turn out, and it's a pump? CHME proved to be a great buying opportnity back in the day, but like I said, I'm not sure where things go from here.
- BOPH...I like the stock. I posted my DD notes. And it's my opinion. Not sure if it's shortable, but if it is, short it to the core if you don't like it. That's what makes the market.