short covering, buyout rumors,... are for the weak, for those who buy into it, as may did when the stock rallied to 16 and sold, believing a short covering caused the rally, they would be back later to purchase as idtc would drift lower after the covering ended. idtc does not have enough shares shorted to cause and real squeeze, at best a gentle back massage.
one needs to expect more news coming since idtc has rallied and not sold off on the news.
the value of ntop holding is not even fully valued into the price of idtc, much less the backbone, portals, phone cards, isp, switches,......
accumulation continues, and as i had hoped those who want the stock now need to chase it higher to accumulate instead of waiting for investors and shorts to sell to them on the bid. |
