Trembling Hand
Can be found on the bid
- Joined
- 10 June 2007
- Posts
- 8,852
- Reactions
- 205
Now, the bet is this: you've said above that "Clearly [GMA] is not worth $2.44". That is a claim made by you as to GMA's valuation. It is a fundamental claim, albeit based on technical analysis. Therefore, by your reckoning, the price of GMA should not exceed $2.44 in the next 12 months. If it does rise above $2.44 in the next 12 months, I win. If it does not, you win. That is the bet. It is simple.
Now put your money where your mouth is.
that the fact that the stock has gone down at a particular point in time proves that the stock is not mispriced.
And yet the reality is that you don't have a clue how much GMA (or any other stock) is worth.
you're constantly advancing technical reasons why a fundamental claim is wrong.
Now, the bet is this: you've said above that "Clearly [GMA] is not worth $2.44". That is a claim made by you as to GMA's valuation.
Therefore, by your reckoning, the price of GMA should not exceed $2.44 in the next 12 months
Clearly it's not worth more than $2.44
I'll check back in a month----see how that valuation v market sentiment is going.
Bet sentiments winning.
Ok I'll play
$1000
it's lower than $2.44 in 12 mths.
If I lose Joe gets a grand.
If you lose you send Joe a grand.
Done?
My post is primarily about treating posters with different methods and opinion with respect. I hate to see people being driven away from this forum because they are mocked for offering their view.
Occasionally when researching a company I will come across a Google link to ASF and my anticipation of a changed culture and broader participation arises.
This site should be thumping along with stock discussion – a relevant marketing name and a good platform. So what’s the problem? I think the answer is in this thread and how it is representative of what happens on ASF.
As somebody who is interested in the likely long term cash flow generation of businesses as opposed to day to day gyrations of the market price, I must say NOT posting anymore on ASF is blissful.
Yet you still find threads and you cant help but post.
So win or lose ASF wins.
This might appeal to a few but I suspect overall ASF is the loser
Yes of course I'm sorry for posting.
It was just a heads up to Joe that people coming here to discuss stocks inevitably end up being subjected to an ego driven wank fest rather than an environment that fosters broad discussion.
Back to my bliss.
Ok I'll play
$1000
it's lower than $2.44 in 12 mths.
If I lose Joe gets a grand.
If you lose you send Joe a grand.
Done?
On touch or on close? GMA also pays chunky dividend so that needs to be adjusted for.
Send your grand to Joe and Ill send mine on Monday
Done?
I'll send it when/if I lose.
Yeh but you could just disappear of the face of the planet.
If your serious just send a grand over other wise its just hot air.
Bets off if you don't part with your $$s
Joe will refund it----He has mine wether I win or lose!
skc
On close at the end of 12 mths GMA below $2.44---generous.
Although He thought it was undervalued at $2.70
Stop stuffing around your turn to put your $$s where your keypad is!
Try telling a bookie you'll pay him if you lose!!!
I just want to point out that this so called wager is pretty idiotic all round and proves absolutely nothing regardless of the outcome (aside from the fact that y'all crazy).
What it will prove is that, in the long term, the market is a weighing machine.
What it will prove is that, in the long term, the market is a weighing machine.
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