Martha Martha Martha!

cd34 · 2005-03-09, 11:55 AM

Since being released, her Billion dollar portfolio is now worth $754k.

So, Doubled her portfolio value in 5 months, lost 25% in 5 days.

I haven't checked, but I wonder if her stock was propped by short positions having to be maintained.

Personally, that is one of the things I really hate and love about the stock market. A company can do everything right, and show record profits, but miss their estimate by a penny and the stock gets pummeled. Or, you can have a company that has never made a cent, even states in their public offering that they don't forsee a day that they will be profitable, and then will maintain a P/E of 400+.

With MSO, there is no logical reason for her stock value to have gone up while she was at camp.

2005-03-09, 11:55 AM	#32
cd34 a.k.a. Sparky Join Date: Sep 2004 Location: West Palm Beach, FL, USA Posts: 2,396	Since being released, her Billion dollar portfolio is now worth $754k. So, Doubled her portfolio value in 5 months, lost 25% in 5 days. I haven't checked, but I wonder if her stock was propped by short positions having to be maintained. Personally, that is one of the things I really hate and love about the stock market. A company can do everything right, and show record profits, but miss their estimate by a penny and the stock gets pummeled. Or, you can have a company that has never made a cent, even states in their public offering that they don't forsee a day that they will be profitable, and then will maintain a P/E of 400+. With MSO, there is no logical reason for her stock value to have gone up while she was at camp. __________________ SnapReplay.com a different way to share photos - iPhone & Android