Replies to post #1872 on Respect Your Universe Inc (RYU)

[DalaiTom]

It seems you just contradicted yourself.
You say:

When it comes to stocks the pps is based on its value

Then you say:

There are stocks out there that have a pps of 0.01 that actually have a better income than RYU

So based on your first statement, RYUN should be priced less than .01 per share.

In between the two wrong statements, you came close to the truth:

RYU sits at 1.30 not because the company has any earnings but because there is/was a lot of hype and wishful thinking.

Shareholder sentiment is what stock prices are based on. Otherwise every startup company with few assets and no earnings would be priced at next to nothing and companies with huge assets and earnings would have huge stock prices which is certainly not the case in the real world.

[blip63]

Stocks trading in this price range are often based on potential rather than their fair value. People trading this stock have made more money than the company has, but that's because they're a new company. I believe in the potential of the company. I like what I see from the marketing, the positive responses from those involved in the UFC scene, the products themselves are great, and well, I could go on but the point is that I think this will be a valuable company a few years from now. Maybe it won't pan out, but based on what the company has accomplished this summer(just read todays news!) they're on the path to success.