Larry,
Possibly, but I don't think ALYD is going to follow " conventional wisdom ".
Quickly, and I haven't had time to look at anything yet, volume looks a tad higher then average, but certainly nothing to get overly excited about.
Haven't looked at short position...don't know whats going on with it.
What I feel will transpire in either scenario.....If we move up, it will be slowly. Up a tad, down when people hit their target and get out, up a tad and vice versa. We will have to establish new resistance levels on the way. A " staggered step ladder effect ".
If we go down, it will be more quickly. This is a unique issue, with unique circumstances. There are far more short term players watching closely, then long termers, only looking at it once a month or so and plan on being here for years. Lets face it...IBM, we are not. This is speculative investing and anyone that engages in speculative investing, will be, or should be, on top of whats going on...ready to pull a " long or short " finger at any moment. What us Longs need to happen is for Ogilvy to kick ass and sell ALYD as more then a Y2K company, which is going to be tough to do when Y2K is what ALYD will be concentrating on for awhile. If the PR firm can actually sell ALYD as a viable, up and coming tech company with decent potential, then we may attract the long term folks, instsitutions and etc, that we need to sustain any kind of upward movement in share price, and credibility with investors.
People are watching closely....very closely....the near short term will be " make it or break it " time....I am sure Gruder knows this and hope sincerely that they are not blowing smoke thru a chiminy. 1 - 2 months from now, I expect to see a roaring fire when I look down that chiminy....not Gruder sitting down there with his thumb up his ass and a cheap smoke machine trying to create the auora of a fire. I want to see the real thing, as do all shareholders.
Gruder, are you listening ?
Everybody have a great weekend. My Wife's sister is getting married tomorrow at the lake.....sunny and 78 degree's....Ya know that commercial where the bride and groom get married and the groomsman come and dump a cooler of gatorade, or whatever on them after they say I do ? Well, what do you think of making sure they hit the lake after saying I do ( they will be standing on the dock during the nuptuals ) . Seriously debating whether to do....need to discuss it with my other half.....will let you know how it turns out.
Great weekend to all.
Also, been chatting with a fellow....no names. he supposedly has some contacts with the secret service and supposedly there is some weird stuff going on with Clinton and his other half. Thats about all I've been told.....don't know anything more, or how legit this is, but supposedly there will be some big news next week that will have a negative impact in the market in general. I have been given a few more details, but since I don't know how legit this is, I would rather not start up a bunch of rumors. please everybody....take this with a grain of salt...everything is heresay.....nothing written in stone...could be legit...could be simply hot air with no substance...but I did think I would at least pass it on. |