tag:blogger.com,1999:blog-1527840491496268397.post2615771812193366446..comments2024-03-08T11:20:30.095-07:00Comments on Credit Bubble Stocks: "Good Year For The Barges" ($CNRD)Unknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1527840491496268397.post-78769616949467726732013-01-07T12:19:00.490-07:002013-01-07T12:19:00.490-07:00There's a fairly large amount of shares trickl...There's a fairly large amount of shares trickling out from unknown hands into the coffers of the company and people like us. <br /><br />Who are these unknown hands? <br /><br />My hypothesis is people with an availability bias such that the current price seems expensive even though it is historically very cheap relative to fundamentals.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-4156231990198741162013-01-07T12:02:48.834-07:002013-01-07T12:02:48.834-07:00There really isn't that much liquidity. I don...There really isn't that much liquidity. I don't think there are that many sellers. <br /><br />I guess my hypothesis is that the discount persists because of the lack of liquidity so that not enough people are interested in buying up the (small) amount of shares offered. Joshhttps://www.blogger.com/profile/12028228587020987588noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-79966091835950370712013-01-07T11:32:29.122-07:002013-01-07T11:32:29.122-07:00Your theories explain why people would be constrai...Your theories explain why people would be constrained from buying (and they are accurate).<br /><br />They don't explain why current holders are selling, which is what my hypothesis was addressing.CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-2235986245902298272013-01-07T10:56:39.338-07:002013-01-07T10:56:39.338-07:00Some investors cant buy otc stocks. Now that CNRD...Some investors cant buy otc stocks. Now that CNRD is bigger perhaps they relist. <br /><br />Another group of investors cant buy stocks that have low liquidity, a listing would help as well. <br /><br />Just think your buckets are a little too narrow. Joshhttps://www.blogger.com/profile/12028228587020987588noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-40835527803577050232013-01-06T23:04:07.803-07:002013-01-06T23:04:07.803-07:00OK, but there are two groups of smart money and th...OK, but there are two groups of smart money and then one group of ... that is the only reason it isn't trading much higher (according to my hypothesis).CPhttps://www.blogger.com/profile/12701174164478027499noreply@blogger.comtag:blogger.com,1999:blog-1527840491496268397.post-61136726182056057342013-01-06T22:05:44.155-07:002013-01-06T22:05:44.155-07:00I wouldn't call one group dumb money. I suspe...I wouldn't call one group dumb money. I suspect some sellers are lightening up because they are managing their position size. Joshhttps://www.blogger.com/profile/12028228587020987588noreply@blogger.com