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Jim, I can't believe these blowhards. I purchased some PPG 3 weeks ago, I got some CMC, a bunch of GLW a week ago and some Ford too. All on your advice. On Tuesday I got PO'd and bailed on 50% of PABGX in my 401k after watching the S&P drop 25 points. I still retained a 50% position though. But I'm closed out unt...more
Your premises are all wrong. The price that a product will sell for is a function of what it is worth to the buyer. Basic economics - supply and demand dictate price. If someone is willing to pay 100 times what a product costs to produce they have that right! Don't they? If you don't want to buy it...more
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