SOME PEOPLE JUST DON'T LEARN!
Tom and other shorters, how much more of a beating do you have to take, just because you HAVE to be RIGHT!!
this internet frenzy is not rational, we all know that, but stocks like AMZN, EBAY and COOL (today) went up as high as they did, because of PEOPLE LIKE YOU INSISTING ON SHORTING THEM!
THANK YOU, THANK YOU, THANK YOU!
We have entered a whole new world of investing with this internet capability, it is called INTERNET STOCK GAMBLING!
NO ONE WANTS TO BE LEFT OUT!
With todays move by EBAY (up $42 today to $193), Merrill Lynch COULD bring UBID out at $80 - $90 a/share, people!
NO JOKE!
It will sell off and settle at around $50 or $60 (over the next few days)where it would have come out anyway (given a strong yet rational market)
In these INCREDIBLY IRRATIONAL market conditions, Merrill would be stupid NOT to take advantage - they need a "STELLAR INTERNET IPO"!
IF that happens, MALL will see $50+ - EASY!
Rico
P.S. Please do not BORE me with more valuations, TOM. If you had just gone with the % play, rather than trying to convince everyone how OVERVALUED MALL is, you would be counting you $$ instead of hoping to make money by AVERAGING UP (to short)!
Until the IPO YOU WILL SEE MORE UPSIDE THAN DOWN! |