where 2 dollars stocks got run up into the stratosphere much like gmcr on growth claims. 100%-200% growth! How was it done do you remember? The new metrics, eps of .12c went to .24c a 100% sounded impressive when compared to 10-15% gains of the larger companies. The pe's & other metrics were being ignored 50-100+ in some cases more. Everybody was playing chicken with the earnings when would they peak! The NASDAQ has yet to recover as it went to about 1,000 +- from 5,000 +-. Just the way it is.
thwackamole every here of Momentum Accounting and Triple-Entry Bookkeeping is an alternative accountancy system developed by Yuji Ijiri. In momentum accounting, changes in changes are the recognized events. For example, an acceleration in revenue earning, such as a $1,000 per period increase of revenues from $10,000 per month to $11,000 per month, is a recordable event that would require three entries to implement.
eyeballing and just chatting. Had some out of the monies puts just in case it didn't wow. Now looking at the Macroeconomic events and Oil just gives me the willys. This reminds be of the 2000 mkt. when the tech wreck hit a bad omen.