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Lam Research Corporation Message Board

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  • storagelh storagelh Jan 31, 2006 11:52 AM Flag

    General markets

    Denial is an understatement, but hey if they want stocks higher and will pay anything for them, so be it. I just won't play that game again. Amr is up 15% in 2 days as oil keeps tracking higher. They only lose 6 mil a day from normal operations when the economy is strong, and estimates are based on $50 oil, but that doesn't stop the madness there. A squeeze at least once a week with a 10% move in 1 day is a given. Has nothing to do with valuations, earnings , debt, or anything for that matter that has anything to do with investing, but the big $$$ will buy stocks when they can manipulate them. No position right now and I'm heading to Vegas to bet the super bowl. Odds are better there !!!

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