Palomar Medical Technologies Inc. Message Board
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Confused...
The price is at a two year low here. Does it truly deserve to be here or is it oversold? Seems like a solid, well-run, growing company. What am I missing?
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Well, by structure shorts are usually betting on limited time frames. All the short has to do is be right at the time of the contract, not over years. Ergo, a well placed short is a very well informed trade when 3 of 4 stocks follow the market.
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Hmm... well, I bought some when it was $29, and I know I liked the fundamentals then. I'm just trying to figure out if I mis-read the fundamentals, or if the stock is an even stronger buy now. So far I'm leaning towards the latter, so I added a bit to my position today. Hopefully I didn't just throw good money after bad. We'll see. As one of the other posters said, the fundamentals should win out in the long term.
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a trade means= some wise dude are selling and some wise dude are buying !!!
one of them must have great information to sell? why selling this cheap?
it ain't cheap to the seller , right?
cuz someone out there has better information than yours?- 1 Reply to nicencoo1
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When a poster (like Nicencoo1) on a financial board uses words like "dude", "ain't", "cuz" and types in all lower case lettering it usually means he is either a teenage or uneducated. In his case I'm guessing the latter.
He is pathetically trying to sway the market (as if he had the power to) so he can make money on his 100 short shares.
Little does he know he is only wasting time and making a fool out of humself.
I am now even going to dignify his post with the many reasons people could be selling PMTI, all of which have nothing to do with upcoming earnings, fundamentals company or inside information.
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