<<Does anyone get the feeling that we are about to break out in a northerly direction? >>
Eventually, YES. Maybe today, maybe tomorrow, maybe next month, maybe the month after....but YES, I think we go North and very North, at that. I see very little downside risk at this price level. MSGI is truly a value stock at this time. Most stocks are pushing high valuations, MSGI will be one day, but is not yet.
The Grizzard deal and many other things are happening behind the scenes. I don't know when we will move, but think we will. I expect we will start seeing something within the next month. Within a fewmonths we should be well on our way and by end of year, I would hope to be at, or near old high's.
It also is nice to know that somebody recently plopped down alot of bucks on some options. Somebody is betting alot of money that we are above the $26 range or so, in the short to mid term, and my gut btells me they expect alot more then $26 as, if that was all they thought, they wouldn't have spent that kind of cash.
JMHOOC
Happy Day
Keith |
