You and the other brave defenders of this stock are
welcome to them, and I hope you make money on your
side of the bargain. 60 million shares! Massive
short-covering helping to lift it. This stock is,
compared to other Nasdaq blue chips, a bargain here,
neglecting the legal uncertainties of course.
We need that settlement, Mr. Gates. Then this stock will
spring like a panther to $100+. Otherwise, a trading
range I expect.
You should note that, as I indicated in my post last
night, my intent is to take whatever comes with my
core holding, some 24000 shares, for which a sale of
more than token amounts is impractical tax-wise. I sold
4000 shares at 89; they were acquired during the most
recent dip down to the 70s - trading shares, if you will.
Alas, it left me overweighted in the stock; feels better
to be out of them with a small gain. I'll pay 50% of the
profits to feed the welfare state. I got greedy and was
(until Friday) holding out for that run into the 100s. I
should have sold in the mid-90s.
Ah, well. Time for a coffee.
Cheers! |
