does gold's trade publicly and if so what is the ticker ?
imo we the recent increase in share price and the mm's toying with the price on options expiry friday and with this recent boycott of ebay i would watch it vry carefully on monday and consider taking profits because remember it would be very hard for it to keep going up 10 points a day ,like it has been doing,,imo the boycot news is very big and gold's seems to be a new favorite with sellers,,als we have A G on tuesday and we may see a sell off after,,because everyone is expecting to go to the moon after tuesday and the market usually doesn't do what every one is anticipating,it usually does just the opposite as witnessed when ebay went fron 70 to 123 in 6 trading sessions,,imo the people buying ebay ay 123 are expecting it to go to 200+ by christmas as has been witnessed by many posts here,,but the question you have to ask your self is would you speculate on ebay at 150+,,,the houses already bought 2 weeks ago at 70 so who will buy at 150+,,,i am not trying to be bearish on ebay as i think it is one of the best net models to make money but i just think that with it's current valuation it can never grow into it and as the stock goes higher it will be even more difficult,,imo when the dust settles with the net ebay will be left standing but with a more realisic valuation around 50 dollars a share which is still high,,if you think that ebay is worth close to 20 billion you are kidding your self and with intrest rates rising the stock price will shrink,,,,
aimho ,,radames |
