The shorts will cover anytime the "news" looks promising. Sure CUBE might go to $15, so? If you're long, it shouldn't matter.
As you know, I try to look at things objectively. This is a "Real"
PR because it implies "Real" revenues in the future.
I consider a stupid press release a "CUBE inside" type. What a load of BS. I still maintain, who cares!
Anyways, to get the Spanish contract implies international presence. Internationally, DBS looks and is, to be very big. America is small peanuts compared to the rest of the world -- who cares what is happening here? One only needs to go to Europe to see every brick house with a dish on it's roof.
Obviously, since I've been watching CUBE, I understand its chart pattern.
I'm still very sketchy on the company, but...I care not to short this one or bad mouth anymore (actually, I let up, not much more to say).
So what if it goes to mid teens, that's $3. If one was shorting at $40, what's $3?
I think that people are lame when they cap on small fluctuations on the up/downside.
Obviously if you rode this puppy down from $40, one has to scratch their head. But from $18 to $15? Who cares?
I'm down 75 cents on ESST, who cares? I'll go ahead and write a short term covered call, duh?
Both stocks have been battered beyond belief. This could be one of those situations where maybe CUBE has one more bad news PR to give out and then, it can only go up from there.
What I was criticizing on this thread is the pre-maturity that people were coming into the stock.
Only when all you guys seemed broken, did it seem reasonable to change my position. ;-)
However, if CUBE tries to pull some lame PR, I'll have to comeback to criticize it.
-PB |
