>> Now let me ask you, with all of the work that needs to be done, you're telling me that their is "NO WAY" that DDIM will participate in a manner that be profitable for them?? <<
No, I never said anything of the sort. DDIM has been profitable, technically, for some time. They will probably continue to be profitable, provided no giant accounting mishaps trip them up.
The point is not that they'll never make any money, or never grow their revenues, or what have you; the point is that the stock is really expensive now vis a vis likely and/or expected future earnings, and *while they could easily grow profits and revenues* they probably won't grow them enough to justify their current market price, let alone allow much growth in the stock price.
Not to say that hypsters and the panic-sticken might not succeed in temporarily pushing the stock higher, maybe much higher... but if they do, it will collapse (again) in time; in this case, I think there is much less risk being on the short side than on the long.
I'm actually sitting on the sidelines for the time being; DDIM's as low as it's been in quite a while. If it gets goosed back into the high teens/low 20's, I'll probably start shorting it again.
That's quite a nice stock move VIAS is turning in today, eh?
-- Pete |
