I'm sure stomaching that drop from $80
has aged anyone since the IPO a bit, that's why I call you all old timers!
besides, wipper snappers like me, that bottom fish after your blood letting, can be a bit annoying, so I'm treading lightly on this thread.
I'm an old shoe from other threads, and always find newbies who come to the threads when any stock finally rebounds after a terrible correction, to be somewhat annoying, especially when they figure my cautious optimism indicates I must be a "new" bear on the thread coming to spoil their hype. I'm dealing with a new know-it-all over on the TRAC thread now, in just that way.
anyway, nothing will surprise me with WEBT up or down, so it's a daytraders wet dream come true if you manage to get the feel for this one's movements. as for longer term players, I think beating street estimates for earnings in July is pretty much a lock. how that will translate into the stock price we can only guess, but since 7 other Wall Street analysts feel comfortable with the $60's, then let the good times roll...
If anyone got in with me under $30 around the ORCL earnings release last week, I hope my mild encouragement was profitable to you. Timing this kind of thing is often dumb luck, sprinkled with common sense and experience. |