From a long-term sufferer,
PAIR was, is, and continues to be a day trader's delight. In the short-term, incredible wealth will be made and lost on the stock price swings.
I have no knowledge of the technology, but understand its importance. Unfortunately, PAIR is dealing with the REBOC's that are not dealing with their potential advantage, and run the risk of going the way of the horse and buggy. From a totally uninformed perspective, cable may well win this battle. Thus, a single bet on this horse may well finish last, even though PAIR is the dominant player, and, as I understand the financials, the only profitable company.
Clearly, this price rise is an illusion. PAIR's EPS growth has been flat line for what, 7 quarters. If this was a patient we would pronounce them DOA. Yet, if the Reboc's ever get their act together, PAIR will be the clear winner of the future. Thus, this is the risk and the potential reward!
Berney |
