We could all improve our signal-to-noise ratio i guess eh -
Message 14858672
Message 14878103
... there are other examples on your bio ... glass houses, stones ...
Fwiw, ralfph doesn't sound short to me, more like a realistic long ... also fwiw, i tend to agree with him, this thing could easily double-bottom or make a new low, tax-loss selling can be a powerful and determined critter, and like he mentions a smart bottom-fisher will largely stay out of its way until it demonstrates its own profundity ... elas trading at a third of its IPO isn't helping, especially considering that it was viewed as the best of the bunch.
The support levels of .70 through '99 and .75 through this summer, along with others, could easily turn into strong resistance levels, as well ... so near-term upside is somewhat limited imho until the general market tide turns to flood, and the chances of this happening in the first year of a US president [assuming they get one, lol] are less than in the third and fourth years, imho .... as a minor portion of speculative PF i like it, but that could be sentiment creeping in, as it treated me so well last year.
ralfph - Enviromation is 100% owned, they can do anything they like with the revenue ... cheers, all ... don't get any food or layers of wisdom on the ceiling, eh
[edit] - oops, ralfph you're either a faster typer than i am or started earlier, lol ... correct spelling is not considered evil in most cultures, btw ... the OED is out on CD now, they say, and even if they get it wrong, you can quote them as an authority |
