"It's not my place to say whether the market is too high or too low. That's for buyers and sellers of stocks to decide for themselves. . . . But I don't like the looks of the recent flurry in stocks selling at a few dollars a share. That kind of activity in 'penny' stocks may mean, the uninformed person is coming into the market—and that is a matter for concern."
This statement safe & sane though it might sound to most laymen, caused many an old eyebrow to rise in Wall Street last week....
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