Patrice, don't give up on Cube! My greatest investment was the one that gave me the greatest pain, torture and agony. I bought Teradyne in June of 96 at $20. I averaged down at $16 and $12. At one point, I was in the red for almost $15,000. I was really spaced out and down. I ended up riding the stock to $40, where I sold. Today its over $43. To
answer your question, If I were a Cube short, at what price would you think your risk?reward is weak? If Cube's earnings come in at 21 cents
or better, some of the shorts will cover because their expecting Cube to come in below expectations. That is to say, the shorts are expecting Cube to substantially miss earnings expectations. The decisive question short term is will Cube make their number for the quarter ( 21 cents ). John, Billy, David, what's your opinion here? If Cube does miss their number badly, panic selling will ensue and the shorts will cover. It may go down to $10 intraday but then rebound to the old low 16.75. At $10 Cube will have come full circle, a round trip, as they say, to the lows of 3 years ago. What would I do? I'd buy more! I bought at $25 and at 17.5. It will go back up to 50 in a year. Rather than a take over, the CEO will be replaced and the shares will rally. I want to know from you Cube Devotees: Will Cube make at least 21 cents this Quarter? |
