Timbo, please try and go back to 2 7/8 level and read the news. Check the news given with the stock action. Then notice that there were several down periods like this, but not as much as 15 to 6, of course.
This is purely news driven. It's obvious the AREN'T hyping this with news from Corp. During that period this stock goes down.
Again, I think there are doubles over and over to be made here until someone decides that Portico just ain't that good. Has anyone even vaguely decided that yet? I'm curious. But at this level people in now are undoubtedly looking at 100 plus, perhaps 200 increase on news in the near future.
That's the gamble. If it was that easy, like the guys at Schwab say, they wouldn't be sitting there paid by the hour to talk to me.
Anyway, I'm going to get worried in NOvember, and until then, try and get up the nerve to get back in at this level. But for me, with several small investments that were horribly timed, I'm overloaded here already, so probably should just sit back and wait.
If Portico was doing badly, all of the hype that followed it since Gates got in and the CNBC press release most certainly got the attention of those who follow new products like the critics follow new restaurants and rate the food. Those people need articles for their magazines and they would be tearing it up just for interesting copy. Does anyone see that? I don't read that stuff so I'm completely ignorant of buzz in the huge pc/comm magazine world. There are about 50 of them now it seems.
Any bad news at all will start coming out in columns, etc, and in negative comparison articles. It doesn't look like that's happenign, and that's what I've been looking for as a reason to get concerned, IF there is any.
So, if you check the charts and see this lull seems inevitalbe, unfortunately, and scan for any negative pre buzz, that probably would be a really good indication either way.
If not, please clue me in that I don't have a clue. |
