at 3:30pm I'll be a BUYER to start the SHORT SQUEEZE. I agree at $8, just totally discounting the last quarters this stock is a magniicien buying opportunity going forward EVEN if revenues are $315Million, I actually think they will sell out ALL their inventory AGAIN before Christmas. In that event, we should see the return to its high rather swiftly, within 6 to 9 months, which seems far fetched now, but will be 20/20 HINDsight among the ANALysts after the recession is seen in lagging statistics and then again when the 2nd Greenspan Recession is again seen as already behind us when these same lagging statistics come out towards the end of the year and January. Of course, by then PALM will be much higher, beyond a triple I truly beleive, and this buying opportunity will be but a nice memory. I am buying in steady, which is good advice, slow and steady, I have to admit is hard, because my impulse is to buy period, and not try to guess the actual bottom. I think I am lucky already with a bunch at $8, will see if I can get several blocks around that, if not, I am just going to buy period. PALM's growth prospects are just too good to risk missing this train leaving the station without me.
I am,
Truly your$,
-Crystal Ball |
