GREY:STHJF - Post by User
Comment by
kenndagoose3on Aug 24, 2007 8:34am
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Post# 13294704
RE: STM still oversold
RE: STM still oversoldThat may be true but there may well be more downside.
The breath of the financial panic is not yet known.
It was expected but came suddenly and overwhelming.
"Markets can remain irrational longer than 'little'
people can remain solvent."
I thought anything near $3.00 was a bargain---bought at $3.03
and watched it plunge to the $2.00 range---the "blood in the streets is mine".
This "rally" could well be part of new range for now. Its easy to forget that U308 investors are a tiny & very mixed band way out
beyond the "normal" investor who has been truely frightened.
I, for one, hope those with the courage to buy recently,like our lone CEO, are handsomly rewarded.
Good luck to all longs.