Humbly report, All, I can't help but agree with T-Mex - short term.
Sat there all day with him, watching level II, and all I can say is, the numbers are stacked against TAVA, at the moment.
Is TAVA a winner long term? I believe so.
Short term? I believe not. It was being shorted all day long by the big guys - period.
What does that mean? Beats me, but the Market Muggers were betting all day long that the longs are wrong - short term, at the least.
Buy, sell, hold? Your choice.
Lowering of earnings estimates? Thank God reality set in.
Market? Nasty.
Hopes? I got some, but the street does not hope, it's ruthless.
Please take a look at ANY y2k stock that does not SUPER outperform expectations (example, COGIF, which, like TAVA, I know by heart,
biz.yahoo.com - it is now BELLOW where it was prior to BOCKBUSTER earnings that BEAT estimates!)
Am I saying sell? Hell no! Do what you think is right!
The facts are, earnings estimates have been cut from $0.04 to $0.01.
Dream on if you are so inclined, but the street does NOT dream.
My GUESS (and I stress it's only a GUESS of someone that is as blind as a bat!!!) we're going down - short term. The whole y2k sector is down and I do not see our TAVA as an exception.
The reality, as I see it is, y2k stocks have to walk on water to go up, at present!
Is the CC going to be great? I sure as hell hope so!
Will it matter? I have no idea.
Fry me, roast me, flame me, whatever, that's the way I see it, and those that know me, know TAVA is my #1!
Svejk
(GL-15 applies: digiserve.com ;-)
P.S. Off line for most of the rest of the week, got other things to do. |
