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I think the institutional money will sit on this stock and hope the economy picks up. I believe it will be only a matter of time before the company starts burning it's cash reserves. Unless big money moves out or a significant market correction begins again the stock will probably not suffer serious downside near term - even at it's ridiculous price/PE/etc...
It is amazing, but money moving into the market props up all boats. Rating :
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| Subject | Author | Rating | Time of Post (ET) | ||
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Way Overpriced
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jansmalo | Not rated | 30-Jul-09 11:16 am | ||
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After the dismal report, I was looking for an oppo...
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jeffct2004 | Rate it | 31-Jul-09 10:21 am | ||
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Ahahah, upgraded! That's the reason for the j...
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uffalcubo | Rate it | 31-Jul-09 11:08 am | ||
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Yeah, upgraded from underperform to neut...
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jeffct2004 | (1 Rating) | 31-Jul-09 12:01 pm | ||
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The stock is thinly traded and 90+ ...
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jansmalo | (1 Rating) | 31-Jul-09 12:15 pm | ||
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I'm now wondering if yesterday...
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Growth_owne... | Rate it | 1-Aug-09 09:42 am | ||
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Very sorry results that d...
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betteroffsa... | Rate it | 2-Aug-09 08:10 pm | ||
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The vise is tighteni...
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Growth_owne... | Rate it | 4-Aug-09 02:29 pm | ||
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Looks like a ty...
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jansmalo | Rate it | 4-Aug-09 02:37 pm | ||
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Although I...
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jeffct2004 | (1 Rating) | 4-Aug-09 04:28 pm | ||
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I concur o...
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betteroffsa... | (1 Rating) | 4-Aug-09 09:44 pm | ||
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All I...
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jansmalo | (1 Rating) | 5-Aug-09 08:43 am |
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