The Mark Cuban insider-trading case shows "how far the SEC has descended into irrelevance," NY Times' Joe Nocera writes, contrasting this case with Bear Stearns, Lehman, Merrill et al. "So yes, I guess they nailed Mark Cuban. But all that shows is how completely pointless the SEC has become at a time when we've never needed it more." [View news story]
Are you kidding me? The SEC has filing dozens of insider trading charges against individuals throughout 2008. sec.gov/litigation/lit...
Now, they go after Cuban and people are complaining??
SCDUB, LOL your ad hominems were certainly entertaining. "I type this the value of the stock is around 45 Euro" WHAT??? 45 EURO?!?!
Simply ignoring P/E ratios is just as laughable as your 'analysis.' The fact is that at some point companies like Yahoo, Ask Jeeves, and many others were trading at 1000 P/E ratios and we all know what happened next. Paying subscribers is not enough, you gotta bring revenues.
The fact that this stock is 200% above its 52-week low, can certainly be viewed as indicative of its overvalue given its earnings. As for uneducated comments, I see no value in your pseudo analysis...
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Latest | Highest ratedThe Mark Cuban insider-trading case shows "how far the SEC has descended into irrelevance," NY Times' Joe Nocera writes, contrasting this case with Bear Stearns, Lehman, Merrill et al. "So yes, I guess they nailed Mark Cuban. But all that shows is how completely pointless the SEC has become at a time when we've never needed it more." [View news story]
Now, they go after Cuban and people are complaining??
Salesforce Likely To Be Below $15 By Year's End [View article]
I would agree, this stock is going down to 20s or less.
Salesforce.com: Clearly Mediocre [View article]
Simply ignoring P/E ratios is just as laughable as your 'analysis.' The fact is that at some point companies like Yahoo, Ask Jeeves, and many others were trading at 1000 P/E ratios and we all know what happened next. Paying subscribers is not enough, you gotta bring revenues.
The fact that this stock is 200% above its 52-week low, can certainly be viewed as indicative of its overvalue given its earnings. As for uneducated comments, I see no value in your pseudo analysis...