Wonderbread: Today was lackluster, tomorrow tells the tale. This movement is not based on fundamentals.
The big game: big volume pushes the stock up, then it evens out, low volume then causes a hover action and eventual decline. When the decline is low enough (caused by selloff of small impatient shareholders) then the big guys buy in and cause the stock to go up. This is the cycle until the big guys say enough and there is a big sell off, decline based on volume. (when will it happen, is the big question)
Fundamentalists, chart watchers, book readers, all after the fact analysts, can't predict the short term action. It's controlled by market makers. Statistical analysis just puts reason to this controlled situation. Long term, there is no control possible, the stock reflects the merits of the company and this company has plenty of merits. Patience, patience, patience.
The plan is long term, the growth is long term, the chart shows long term projection, with Nextel, patience is golden. Short term statistics, sub numbers, ARPU's don't push this stock. It's the long term plan and the ability to meet it, that pushes this stock.
Ron: you guys are in right, hats off to you.
Al G., with an unsolicited pep talk. |
