"Tis the season. COOL outlook GOOD!
Outpost.com, as well as other etailers in the sector have have recently runnup. Why?
It appears this is not stock specific, or mere covering. Its a sector trend.
More and more, it is becoming clear that this new business model is capturing the interests of individual investors and instituitions.
The EGGS company I am sorry to say, just does not have my confidence, due to the management, and the Dutch. I've dealt with V & D many times, and I just don't think they will prosper as well as COOL.
That aside, we have insiders buying shares at COOL. I strongly believe the reason is that profitability is near. And when an etailer proves they can make money, which they will, the street is going to be buying shares with fever pace. We all know what that means. The stock is going to surge.
Most pre IPO investors have sold. Demand is starting to outpace supply. Fundamentals of COOL are improving. The sector is surging.
Outpost.com's margins are improving, cost escalation ratios are reduced, and critical mass is starting to take hold.
Fundamentals will drive this stock. Not hype. And this fits well with Bowman's personality and stratagems.
I am very confident of a $20 target by year's end.
Good Trading, LF
p.s., The shorts,(daytraders) trying to time COOL will actually help increase the stock price short term. If you need further explanation of why, you should not be investing your own money.-g-
Thanksgiving is nearing. |