Free Republic
Browse · Search
General/Chat
Topics · Post Article

Interesting little company actually making a profit. Probably explains why the stock price is dropping. Financials look decent, but stock dropped sharply. Someone here have any idea why?
1 posted on 09/18/2004 6:46:15 AM PDT by MeneMeneTekelUpharsin
[ Post Reply | Private Reply | View Replies ]


To: MeneMeneTekelUpharsin
Try naked shorting. A recent scandal is that many over the counter stocks are now listed on German stock exchanges regardless of the wishes of the corporations listed. The purpose is to do multiple naked shorts, drive the stock price down and then cover at a very low cost.

This is only one idea. Remember, people only pay for what they think they want on the basis of what they think it is worth. Since most thinking is just emoting regardless of how we conceive of it, it is no wonder that people both over and under value equities.

2 posted on 09/18/2004 7:23:54 AM PDT by shrinkermd
[ Post Reply | Private Reply | To 1 | View Replies ]

To: snopercod

By mentioning this company, I can almost guarantee the stock price will drop. That way, I can buy some cheaply. LOL. Happens that way every time.


4 posted on 09/19/2004 7:29:38 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: BOBTHENAILER

Read what I wrote to snopercod above. See if it doesn't come true. ROFL.


5 posted on 09/19/2004 7:30:22 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson