BLY 0.00% $2.91 boart longyear group ltd

profit takers, page-20

  1. 173 Posts.
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    So your accusing me a being a thief for short selling... well, I've been called worse for pimping out my identity :)

    So the only directions that shares should go in the market is up, is that even when their profits go down or when those companies have useless assets on their books at overpriced valuations.

    E.g. FMG, when they were trading at $12, their forward PE was nearly 30, so your telling me that I'm stealing by shorting that overhyped company so that it returns to a value that is more representative of its future earnings. You gotta be kidding me, the only stealing going on there was from institutions and the directors in spinning lies to investors



 
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