A devil must be making them sell this at this low price ...
As someone here said, only weak sisters (and brothers) only will sell at this rock-bottom ... and my suspicion is, those who are shopping for this today are getting great-clearance-sale prices!
Can anyone guess, what those anal-ysts will do for their best clients first ... after watching the bottom, start loading up! And you know when they'll upgrade it? ... when their own stomachs are full, and when the price is 12. Imho, even after today's 2 downgrades, down volume is less than average upto this point, and this is the most significant clue ... does not take a genious to do it ... most sellers are gone folks by now, and once a big-boy comes at the dinner table, these super-sale prices will be a history! Just look at the business man ... just look at the need of those products in the present world, and the quantity needed, and the technology-edge. Forget for a moment about trusting some Green or Red ... the busted-price already reflects this amply by now. Its the genuine, hard-working smart engineers there, which should also matter to some extent. CEOs would be/are just a pretty/ugly old-wrinkled faces for those engineers, acting as their spokesman. They have designed and implemented superb technology, which got some temporary hiccup in the marketplace! Big deal? No one can predict the future, but I'll tell you this much: anyone trying to short this baby at this level, will get burned nastily. Can it go under? Well yes, but it has to be under an asteroid-armageddon only ... and given that scenario, I'll be equally happy to get buried myself along with the fellow comrades simultaneously ... no one need to cry for each other ... at least I'll rest in peace knowing that I'm with good company. Market may become crazy from time to time, but it does not mean that you also have to, along with it ... even after knowing and understanding all the facts! Please do your thorough DD. All imho.
regards to all, -/Sonny. |