George if I may, you stated You overlooked that out two spikes came without the pressure of a boatload of converted warrants still hanging. You overlook that this is a company with no major affiliation yet. You also overlooked that the past spikes were predicated on news yet to come as opposed to news that has arrived. Meaning rumour drove the stock the last 2 times. I believe that the market will drive this up only when contracts are signed and affiliations are announced. The reaction will be swift. This stock is wound tighter than a mattress spring. Oh by the way with this kind of news and the ability to margin you will never see 5 again.
there are a boatload still to churn through in 15,000 chunks, and the day traders will play between $4-5. The traders will not only run with it as it explodes but they will enhance the explosion. The interesting thing to think about is where will be there exit points. As Vic said could be north of 20, who knows it could be 6. The 15,000 chunks will wait to churn once the candle is lit. You are correct however, that there will be a contingent of people that will sell in the face of any news.
Frankly, we also have some small matters like Price/sales ad Price/book to look at once on nasdaq.
Yeah, IMO thats a good thing George!!!
The competition is heating up, we're in for a
bigger battle than most believed.
Competition is very healthy. No competition than that means no one cares enough to approach the market place. The battle is market share, not winning the war. Dont believe me, ask Wendys, Mcdonalds, & Burger King.
Thanks for your thoughts. They have validity, my oppinion is just different thats all.
Good Luck
Seth |
