Ceebs >>I think the stock is incredibly over valued <<
Two words: NO SHI*
Believe me, you don't have to tell me when ALYD is overvalued.
After all, ALYD currently has a P/E of infinity +1. People are buying the stock based on future events and future "expectations".
I think the other question is:
Does anyone care ?
HELL NO!
Too much momentum ... too many people caught short ... and a CEO who knows when to add fuel to the fire.
One of the funniest things I see on the SI is when people claim they are going to short a stock just because it is going to be listed.
Getting a NASDAQ listing, by itself, is no reason to short a stock.
If these people who think they are "great shorters" should realize that momentum rules the day and right now the momentum is going to take the stock higher.
One thing you have to realize about ALYD is that the CEO, Bob Gruder, is horrible at the financial end of the game, but he is one of the best when it comes to knowing when to play the momentum.
He knows when to throw out a big name and how not to say too much.
Go back and read ALYD's press releases. You will notice the big name and then a big black hole when it comes to details.
Hey, I am not knocking the guy, I am just saying what he lacks at the financial end, he more than makes up in the marketing.
Will this momentum stop ?
of course it will, but, in my opinion, we still have some room to go.
When should you short ?
Well, I guess before you see Gruder's 144 filing, and after you see a sell off on a major news release. |
