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Tuesday Morning Corporation Message Board

  • longtimefollower longtimefollower Dec 1, 2008 6:08 PM Flag

    Ready to test new lows?


    Let's see how TUES can handle under few hundred thousand shares of selling tomorrow...IF it is out there.

    I'd love to get the change to buy more at 80-85 cents...and maybe lower.

    This stock's valuation is totally disconnected from reality at this point....but it is SO disconnected, that, really, anything goes, at this point. (The market is "scared," because the stock price seems to be "projecting" that they are going to go out of business.) Really, the tail (the stock price) is wagging the dog (the perception of the company's long-term fundamentals). That suggests the possibility for ENORMOUS gains, when the "mass delusion" ends, and the company shows it can continue to break even or better during the cylical low (fiscal 6/30/09)....or, at the very LEAST, remain cash flow positive.

    This topic is deleted.
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