ST Alpha - "now there's a shock..." (Reading a Post)

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now there's a shock...

Posted by x (aka dmuck) Jul 7 '10, 10:56

a stock from a company that's pretty much never made anything and has no profits that soared on its ipo for no real apparent reason except a lot of hot money is now coming back down to earth? who'd a thunk it?

Responses:

well, hopefully the CEO sold a bunch of his shares before the selloff and got himself out of hock -- nm - decline Jul 7, 11:00
but, hyde! the stock market works off of logic! It's not random gambling! -- nm - ty97 Jul 7, 10:59 2
- over time, markets are generally at least OK at valuing companies. that it's freefalling is a good example of reasonable market equilibrium..... - x Jul 7, 11:04 1
  - yeah, your IM is why I hate that the local news has a live report ten minutes after the market opens - ty97 Jul 7, 11:09

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now there's a shock...

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