results are out early!!, page-39

thing is Pete's, we get confused between what we think a stock is worth and how the market prices it - you might be correct in considering the intrinsic 'worth' of BBI at this time, or at least your estimate might be reasonable - but market forces are much greater and of course sentiment rules as always. Say for instance the US tanks harder during March....


the problem with sentiment is that although its effects are observable it's not measurable, which is why usually I buy when others are buying and sell when others are selling given enough momentum in either direction.... the problem atm is that it's dribbling...