Well, if it does hit 19, at least it's in David's range...so it would be time to buy!!!LOL.
I'm sure David feels somehow vindicated by all this, thinks he's really smart and is laughing somehow.
However, I'm laughing too...because of the money to be made on this "tragedy".
There are so many gullible people out there. It reminds me of 1987. I'm hearing the same things everywhere. Good news is bad...etc.
Being that my time frame is 5+ years, I'm settling in comfortably and recognize that now is the best buying opp out of the whole year.
Remember, CC's are about managing expectations. If he sees sequential declines, then he has undershot what he expects by 2/3 points. That will leave upside room for beating numbers and having the stock climb. In 2 quarters, people will forget where the stock was, and only consider options on where it should be. At that point, this "setback" will be considered silly.
Congrats, David! You were right. But you were wrong about 2 things - why the stock hit the price it hit and when it would hit it. Still, as I used to say in my calculus class..."it doesn't matter how you got the answer, as long as it's the right one and can do it consistently"
David, let's see if you can do it consistently. I'll bet dollars to donuts you can't. |
