Unrelenting sell off for the next three months.
Intermediate low will be: $20-22
3-month low will be $13-14
Specific enough for you?
Andon,
It is NOT specific enough for me! You are stating a CONDITION, an expected future condition if you will. What I would NEED for you to add to this statement about expected future condition is the CAUSE of the condition. WHY do you anticipate the decline? Is it a bad Q2? If so, then provide your estimates and the reason for them. Is it some anticipated event that you foresee? If so, then what is the event and why will it negatively effect the stock price? Is it some technical analysis model you employ. If so what is the model? Without the causal information to support your anticipated condition, your forecast is useless and meaningless.
I welcome your opinion, Andon, because it can provide balance for this wildly optimistic board. But that opinion needs an analytical basis, and so far, you have not provided this.
Have a good night, Andon, and if you are indeed short, I hope you have a terrible day tomorrow.
Sam |
