" Price is the ultimate evaluator". Really? Is that what has inspired you to maintain a long position in Cube over the last 2 Years?
PS: To the thread: Since I was under the weather this weekend with a slight fever, I spent Sunday home on the Jersey Shore reading the first 2500 posts on this thread. Very Interesting and I must admit not surprising. For those interested, one can find the resume of the CEO of this thread ( Mr. David Nadalin )on post# 1316. I always felt you had once worked for Cube and Divi, David. So that's where all the cheap shares came from. John R. and Andy Chen, my friend, resident technicians of C-Cube in the early days. John, what on earth made you buy Cube at $62,$60 and $46 a share just a couple of years ago? Once it broke below $39 and its 200 day moving average, it was all over for Cube. I was short then, but unfortunately not a member of SI yet.
Now I know why Andy and John hate technical analysis: they got burnt big time from it! The solution, of course, John, is to go all the way to the other extreme and become a fundamentalist. That hasn't worked out yet either! I could feel for Andy Chen now and would have handled it differently if I knew he sold at the bottom of the 96 summer correction. Andy was right about one thing though: the Holy Chart still points to $10 for the Ice Cube. I don't know how Cube is getting there; at this point, Cube doesn't belong at $10 fundamentally; but I know this: that's where Cube's destiny points to. |
