Tai and rrruuff,
Enough bickering already. Your perspectives are so different, the whole thing is pointless. I think you're both right. MCOM is likely to go down a ways before it goes up much further. But over the years, it could well go up much, much farther.
Though Tai displays some ignorance of MCOM's technology and markets (it's called METRIcom for a reason, Tai: rural markets don't have the subscriber density to justify the cost of building out infrastructure in the boondocks), I think he'll make money in next couple of weeks. His suggestion that rrruff (sorry if I don't get the # of Rs and Fs right) buy at the 60s is a taunt that should be allowed to pass. Maybe next year. For now, rrruff would be best advised to let the shorts and mo players have their fun. When the volume returns to somewhere near normal, then he can behave as an investor and buy, whatever the price. I'd certainly be tempted, even as a long term investor, to unload ~ 1/4 of my position now if I had bought in the tens. Or maybe sell some OTM calls at a distant expiration date. That way I could buy more later at a better price, which would make me an even happier investor.
I've been lurking here for some time, and I expect to invest in MCOM in the fall, but have no position now.
Anyhow, good luck to all of you. We can all make money here in our own way.
Cheers, Tuck |
