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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (8705)12/7/2000 4:17:09 PM
From: Logain Ablar  Read Replies (1) of 30051
 
Hey Zeev:

Are you smoking the same juice as shrubs? <gg>

I think that in time, the market is going to look at the holy one more like a RMBS (but with a much smaller market potential, in lieu of a market of $30 B or so, maybe a "potential" market of $4 B).

What about the 3M supply of shares coming to market with the patent sales this month. Thats going to put pressure on the stock for some time. It may have been a good deal for the company long term but don't think it won't have a short to intermediate term adverse impact. The patent selling company has its own interest to look out for.

The increased supply, delay of manufacturing till March (watch it be later) and weak markets are part of my reasoning for seeing $7 and then $4 area before the stock recovers (not to mention last weeks technical break).

Of course you'll make money trading but as a LTB&H its too early.

Tim
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