Monday, December 27, 2004
Bought more MRM, sold NUT
In other news, I bought an additional 1300 shares in MRM on Thursday, and sold my remaining shares of NUT today.
# posted by Stockcoach @ 6:41 PM 
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I'd like to hear your thoughts on TZOO. Up over 11% today, new 52-week high, PE now stands at 408 (!), market cap of 1.72 billion (!!).
If 1 out of 8 of their "subscribers" is a paying customer, thats $1,720 per customer. I can't see what is driving up prices at these levels.
If 1 out of 8 of their "subscribers" is a paying customer, thats $1,720 per customer. I can't see what is driving up prices at these levels.
# posted by 
: 8:15 PM, December 27, 2004
: 8:15 PM, December 27, 2004
Two words: short squeeze. No sane person could think TZOO is worth more than $40. People are buying because others are buying, it's as simple as that.
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