i'm not sure that 'expect' is the right word, more like, 'it wouldn't surprise me', it is a pretty big turd right now, imho but heading to $200 would allow a lot of large holders (probably VC's, founders, etc..) to cash out
after all, the momo players will say 'geeez, it was $200, its $165 now, i'll jump in for 15 points', then we get some more dumping
i figure this will last a couple of weeks before they get distracted, possibly as little as one week
but then again, PHCM may not make it
look for a possible gap up
regards,
ynot :) |
