After reading some of the recent bullish posts on this thread I have to ask one question. Why is anyone optimistic about this stock at this point? It has moved in one direction only for as long as I have held it (about 4 months) and that direction has been DOWN. Being as I am still long at this point, although probably not for much longer, I would welcome good news as much as anybody. However, why does anyone think that there will be good news about this stock at this point? Still no OEM announcements for Banshee, TNT is coming on strong, nothing about Rampage, etc., etc. Worst of all, they are coming in with bad earnings during a quarter where I would expect that they should be making money. Remember, board makers are assembling boards NOW for the Christmas season. They have bought the parts that they use for those boards by now. If they aren't making money now then when will they make money? I'm trying to find reasons to stay long, and the sad truth is the only reason I can come up with is that I can't see this stock going much further down.
But I am probably wrong about that too..... |
