Re: Would You Buy This Stock?
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depends on the market capitalization...the smaller the market cap, the more likely he has something insightful to say about it...
if the stock was IBM or exxon, practically meaningless... if it was a $500M market cap biotech, i would look at it very seriously.
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Correct answer. It happened four years ago and it tripled.
It is important to understand that this wasn't really a question about the stock market.
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Right... so if someone told you beforehand to get out of Enron because they had insight about the fraud involved in the company, that is basically meaningless.
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