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Tuesday Morning Corporation Message Board

  • smaycs4 smaycs4 Aug 21, 2013 11:48 PM Flag

    I think market makers/hedge funds get short, lose money and resort to message board

    to try and talk the stocks down so they can cover.

    Pretty pitiful.

    Ive seen a lot of stocks go MANY times any reasonable valuation and STAY there for longer than you can imagine.

    And the big money folks that read IBD & the canslimers couldn't give a #$%$ about underlying valuation, they buy because its going up.

    Yeah, eventually it will have a pullback but how much and from what high ?

    Id argue its impossible to know.

    Ive bought value stocks that stayed down for years longer than I thought possible. Similarly, stocks can stay overvalued for long periods too.

    Shorting TUES is a lot like visiting a casino. It shows a need for action and a tendency to flat out gamble.

    Ive shown how the stock could see $25 within 2 years, If you discount at 20% a year you get a present value of $17.36.

    If you discount at 15%, you get a present value of $18.90.

    So its very possible this stock goes & stays higher than current prices.

    That's the gamble you sign up for by going short.

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