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Message: Irrational exuberance all over again.

Irrational exuberance all over again.

posted on Mar 19, 2008 07:37AM

The stock goes up .02 and everyone is talking about what we will do when it goes up another $4.58. It's $.42, not $5.00. I know Easter is getting close but this Alice in Wonderland talk is a bit of a stretch. Some are talking $100-$150 million for the quarter. Imagine owning a $.42 stock with no debt, signing 10-12 licence's a quarter at an average of 2-4 million dollars each and causing a sell off when the earnings come in at 1/3 of expectation? Imagine expecting a new CEO to move the share price up 10 fold within a few months? It's a wonder the men in the white coats aren't rounding us up. LOL. doc

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