Hi ward, part II. I said; Ward and you have never mentioned this in your discussions of PYT value. I don't like to give you any ammunition but if you are going to take the "overbought" position on PYT you should at least link it to the type of speculators that are attracted to this type of stock. What will cause PYT to fall in the next few weeks...
Why should I? I have maintained a technical viewpoint all along, so why should I all of the sudden start spicing it up with some fundamental tidbits such as "type of speculators". I couldn't care less who is trading PYT or what will cause PYT to fall. From my standpoint, fundamental information is nothing but a distraction. Furthermore, the reasons behind a rise/fall in shareprice are irrelevant. Sure, it is interesting conversation, but certainly of no value in my decision-making process.
Can't argue with you there. I made an assumption I shouldn't have. I thought you might look at both TA and fundamentals, as I do.
I said: So if you believe all or any of that is true, why would you speculate "only" PYT will be affected? Catostrophic failure is hard to argue, but it's equally hard to believe!!
You said: Even if I did think that any of these conditions would drive PYT down, I don't remember stating that "only PYT will be affected". Please, show me where you got this from.
I was posing the question. You never stated this before.
the Chief |