Began Accumulating SCOC last August on the fundamental shift taking place. That trend is
clearly being validated now. It includes the shift from a PC centric to a net centric world. Closed MS dominated SW to Open Source Linux / UNIX and a whole host of new devices to be introduced next year.
SCOC announces an earnings this shortfall because it will fall short of a single analysts projection for the current quarter....So What! The Analyst has done NOTHING for the stock and should have been ignored anyway.
The current qtr results has nothing to do with my reasons for accumulating SCOC. The MM has a Supply problem, day traders have been all over this stock, ok, now the MM is saying heres 19 bucks....give up...or you could lose it all...LOL!
I say to him take your 19 or 17 or whatever and shove it.
Watching the 10 minute OBV ticker this morning was very interesting, the stock dropped on the
ticker to a minus 554,000 shares, yet only an hour or so later this ticker is bouncing between
200,000 and 345,000 positive. What does that tell you?
It says that Investors are adding shares at these prices as I am too. Since then this ticker is showing steady Accumulation marking this whole days trade as an exercize manufactured to get the MM a greater supply to fill Fund demand.
For me these tactics wont work, Take it down and get rid of the NON investors, it's ok with me. Nothing has changed a bit regarding the SCOC role in the coming paradigm shift.
This stock will be hugely higher a year from now, and if not I'll wait.
More likely, Investors will look at this move months from now and with confidence say, Good to be a few months
closer to our goals and the harvest of SCOC is but a few months closer without 40% capital gain penalty.
Act like you've been there, this is a common scheme to separate you from your shares. Strong and long SCOC.
A Supply Problem still exists. |
