Replies to post #18151 on Idle Media Inc (IDLM)

[wadirum1]

I don't understand these statements about "the market values the company at..."

If this is just a statement about what the current price is, I think we can all check the quote for a stock. So, it would seem kinda silly not to just say that "the price is...".

If it is a statement saying that the price cannot ever change, then that seems easy to refute by showing someone the historic chart. Can this be what is meant?

If it is a statement that the current price is always equal to the intrinsic worth of a stock, then why ever stray from S&P 500 index funds? The whole point of investing is that one believes, based on fundamentals, promotion, momentum, charts or whatever, that a stock can be bought at a low price and sold for a higher price.

Before anyone states again that "the market has valued IDLM at..." it would be great if they'd spell out exactly what they mean by this statement.

[MIKEY501]

Sorry TUCO, the market had plenty of shares to sell last week at .10 cents and that is the bid today as well. The market believes this is worth only .10c right now and there is hardly anything there and the next market believes its worth .07 which I suspect we will be seeing shortly if this management continues to stuff the shareholders in the dark closet.

Sorry if the truth hurts.

Date Open High Low Close Volume
Jan 16, 2013 0.12 0.15 0.10 0.15 206,000