Holy cow, this stock ran as high as 30 5/8 today. Mr Puppet, who are those fools who buy at 30? For sure, they are greater fools than me who bought at 24 3/4? But I am sure that the ones who bought at 30 today are not quite fools as there will be even greater greater fools who will buy at 50 next year.
To the fools: today, I bought also Sandisk (SNDK) at 30 and change. Yes, the stock jumped 5 points today after the news of the settlement with Samsung. But a fool like me expect the stock to jump again in the next couple of days, even faster than ORFR, because this company will have a HUGE income coming. Look like the other Flash memory makers will have to pay to Sandisk royalty for using Sandisk's technology. Flash memory is also used in the digital cameras. The company was also featured on CNBC this morning.
Please check the Yahoo news:
quote.yahoo.com
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Mr Puppet said:
Mike Winn, only a month ago, you could have bought all the ORFR you wanted for under $10. Instead, you chose to wait until positive press coverage in Motley Fool and IBD temporarily pushed the price into the mid 20s. You got the same stock at 2.5 times the price! Why buy now? Do you expect that further press coverage will draw in greater fools? Who is it that can buy all they want now at $25, but will choose to wait and pay you $50 next quarter? |
