because the market has been selling anything and everything it can get its short hands on???
i mean, take away a few stocks, and there has been a general slaughter, a silent slaughter, of alot of stocks....
i am staring at the prices of some of these companies with clean balance sheets that are getting decimated....
then there are these absurd pumps of these barely out of the womb so called growth stocks, and the MO MO crowd flocks for a month or two before moving on....
i really think once the economic crisis fear syndrome clears up, people will realize how cheap the market has become....
call me optimistic, or bullish or whatever, but the fact people are actually claiming dgit might fall back to 10 bucks/share if they do not get a deal done asap reflects this total distortion of valuations...
there seems to be a whole heck of alot of "mispricing" in the market, where the reasonable range of disagreement is now miles apart instead of yards apart......