Investing 102

[JasonElvisHeard]

Originally Posted by GregWeld

That wouldn't be the above post about some failed stock that now trades in Mexico... LOL

my point was more about the unusual aspect of how markets work. What was in essence a failed stock is now posting increasing profits in a different market. If I were to say that Dish was going to take blockbuster to mexico and make over 100M in 3 quarters I'm sure you would have the same response (me too), but they did and it seems the platform is doing really well down there.

I just noticed it because it was unusual, something that failed here is growing and posting increases in revenue / profit. Only time will tell how long this can be sustained but the parent company knows the market very well along with several ideas on how to increase revenue / profit (because revenue is nothing without earnings).

I'm also not saying go and buy it now, simply pointing out that undervalued situations can pop up anywhere. Ill check it in a few months to see how things are going. It is very unusual that something can fail so bad here then come back so strong in a different market with a refined product offering.