CAUTION: MSGI Sites That Give Price Tartets:
MSGI targets from $2.50 to $75 (what a range!) AOL targets from $14 to $500
Many people on these boards are referencing sites to go to that give price targets on a given stock. I have seen VECTORS, LOGARITHMS, CHARTING PATTERNS, ARTIFICIAL INTELLIGENCE, you name it.
The most recent one on this board says MSGI is going to $2.50, but did you type in AOL...it is going to $18.00 (yea right). Most of these systems are built on past earnings etc., they do not factor in:
1. A New Industry that is revolutionizing the world (the net) 2. Huge Market share growth (MSGI) 3. Sharp jumps in gross revenues (MSGI) 4. Acquisitions (MSGI) 5. Solid, aggressive management (MSGI) 6. Recent powerful news (GE, Levi,FedX,Stock System, etc, etc) 7. Move from small cap to Nasdaq (so that institutions can buy) 8. RIGHT TIME, RIGHT PLACE (MSGI)...Location, Location, Location.
So, if you want to believe all these sites that quote price, SHORT AOL, because it is going to $15.
The fundaments of MSGI has not changed. The news coming out AFTER the run to 60, has been even stronger that I could image. The only thing that has changed is the sharp down turn of the ENTIRE INTERNET SECTOR. When this sector turns, remember, MSGI has gone up $10 in a day, 4 days in a row.
LONG on MSGI |