GC Boater wrote:
On Mar 3, 4:45 pm, HK wrote:
Eisboch wrote:

"HK" wrote in message
m...
...are selling for the same amounts as "penny stocks" used to sell for....
...what are penny stocks selling for?
My take on stock prices:
Stocks are now selling are prices that more closely reflect the actual
value of the companies that issued them, and the prices they should
have been selling for for the past two decades.
How do you determine that? Last time I checked stock sold for whatever
people were willing to pay for it with a hopeful expectation that their
value would go up over time.
What is sad is that some poor sucker who socked his money away for
retirement in a 401K plan is back to where he was in 1996-97. That's
not a correction. That's a crash.
Eisboch
I base it on my belief that the inflated stock prices of the last few
decades were based upon nothing more than fraud, collusion between
accounting companies and corporations, lax enforcement and, of course,
greed.- Hide quoted text -

- Show quoted text -

Was that what they taught you at Yale?

They forgot to tell WAFA that union organizers and their buddies are
financed by greed.