Book value is $2.69...how much do you want. We've been shorting for months (vs. a good stock, of course). Don
I just tried Red Hat linux (Fedora 5) from one of the free CD's from a linux magazine and found it to be a pain in the ass. I also tried one of the other linux distros. Microsoft is a better product.
Well, in recent weeks, I've played the dips of Ford, GM, Yahoo, Apple, Microsoft, Ebay, Time Warner, and about ten other stocks. Already took my profits on 90% of my recent trades. Must be doing something right. Then again, it could be just dumb luck I do not try to pick the bottoms, I try to see where the gap is. Buy in, ride it for a half a point to two points, sell it, short it, buy it again. I must of did it 4 times this week and last week already on Yahoo alone. These are not investments, just trades.
I would say if you have to ask someone whether rhat is a buy at 20.00 then it would be luck if you profited from it. There is nothing wrong with luck, but unfortunately, luck does run out at the most ill-opportune times. You have to give the stock some time to settledown after it gaps down to know where it is ultimately going.
Wow.......what a difference from your 1st post to last post. From a newbie basic question to troll for some posts and then switch to a post about your many recent "profitable" trades.