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Moon Kil Woong is a
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I'm with Peter Lynch on this. Clearly the investor sees some positive value in their client base. I doubt if the analyst has shorted the stock or bought puts. It's easy to be a nay sayer. I remember such analysts decrying the doom of Apple in the 90's. Boy were they wrong.
Dec 23 02:39 am
|Rating:
0
0
All Comments by Moon Kil Woong »Palm Deal: Lifeline, But Oh That Dilution [View article]
A zero valuation always sounds to me like an analyst that doesn't want to do his homework. It is very hard to say the probablilty of a company's success is 0 in all cases. Especially when it still has millions in cash and fresh infusions without some government mumbo jumbo supporting role with taxpayers money.
I commend Elevation Partners for taking a calculated risk in this market. If only other money managers tried building something rather than just trying to figure out what company will pop up 20% because the government will bail them out tomorrow.