RE: RE: YNG Road Showdowner27,
your investing philosophy is quite - hm - strange...
1.Do not invest in a company, because of what happened in the past.
2. Do ignore a completely new management.
3. Do ignore the changed global market circumstances.
4. Do ignore facts, like production running up and very soon hugely increasing output numbers.
5. Do ignore facts of rising prices in the market of this company and therefore ignore the increasing revenue of it's product.
6. Do ignore any positive sideeffects of that increasing revenue, like debt repayment within a very short timeframe.
7. Do ignore a share price, that can triple easily, if the realistic production numbers are reached.
Your strategy obviously seems to be:
1. Buy, if the company is recommended in the mainstream media and if "experts" on the screen tell you, it's a good investment.
2. Buy, if the P/E-ratio is at least at 10. The higher the P/E, the better, because the more confident people are...
3. Buy, if all problems are solved already.
4. Buy, if everyone buys. Let greed rule.
5. Sell, if everyone sells. Let panick rule.