Read your (and Pat) discussion in newsletter section, very interesting, well-written, except missing one piece: what can go wrong.
My philosophy is: if you can't see both side of the coin, you must be (or will) doing something wrong. Same case with CKFR here and same problem exist in most threads on SI. Negative opinions mostly are not welcome here(grasshopper, nice try... LOL).
I started reading this thread couple of days ago by accident (there, just shows how much I know about e-commerce). Some postings are nice, especially one asking (politely) what makes the current price of CKFR. I think you responded by saying something like nobody knows (it bets on the future). As you said, speculations moved the stock from 10 to 20, to 30 and the same force can go the other way...
Very interesting stock, strong support at 20.. now sitting on 200MA. I'll keep watching and being educated. Hopefully, someone will mention possible negatives so I know what could go wrong (how big are MSFDC, or Intuit, or earnings factors? How are the management? Does that mean management is not good when somebody suggested you be the head of marketing? LOL)
Just some thoughts, after couple of beers.
Cheers.
W.
P.S. Weird thought--> CKFR has lots strong buys (almost all??). So does that mean it can go nowhere but down? Well, of course we can always have new blood which might counter the old ones if they opt going bad. Hmmmmm |
