This is an old adage that I used to tell my sons constantly. Unfortunately, I had forgotten what I told them when I bought my last 1k shares of PZN @20 3/16. The facts are all on the side of PZN when it comes to evaluating it as a good investment. Unfortunately, attitudes seem to be totally turned in the other direction. As a stockholder, I'm very much for PZN investing some money to improve it's image with investors. If the facts are straight about the value of PZN as an investment, then the problem is definitely investor attitude. I believe that PZN has a good story to tell and I hope they will begin to tell it.
Predicting attitudes implies being able to trade this stuff. I trade the dot coms all the time in my profession and have yet to trade one right yet. The fear and greed is just impossible to filter out I've decided for me after 13 years of doing this.
Flipper I have some problem with the arithmetic. How can cash flow and earning be higher than sales? Earnings are sales minus all cost of sales, expenses, interest and taxes. In any normal business a person that comes up with such a creative accounting would be a guest at their facility instead working for them.
Flipper I have some problem with the arithmetic in your posting "P/E 7 - 26 Present 7.7
Price to Cash Flow 6.8 - 25.4 Present 7.7 Price to Sales 4.7 - 34.3 Present 24.47 " If I calculate it correctly this business margins are north of 300%. Microsoft margins pale comparativly. Am I missing someting?
PS I wrote similar message before and I thought that I posted it. I looked for it and could not find it. If it shows up twice ingore one of them