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H.J. Huneycutt's
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I'm baffled as to how people can convince themselves in this environment that a consumer electronics firm that is heavily indebted should be valued at levels that assume that their profitability is at least 150% of what is was during the best of times for them.
Jan 12 11:06 am
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All Comments by H.J. Huneycutt »Nice Short Squeeze on PALM [View article]
Even $6 is a stretch. If Palm suvives and can return to a reasonable level of profitability, they might be worth $4. That's a big if. This stock is not worth $11. And it is definitely not worth $15 as one analyst suggested. If it jumps up that high, it'll be a great short.