tmeyers, suffice it to say MYSW has been stellar. The volume is huge the last few days. First the volume, then the price.. as the saying goes. I really can't predict the price action next week, but people are becoming aware of MySoftware and are suitably impressed.
If the market continues to put idle money to work, things should continue the trend of late, to some degree... but the warnings will begin in December, so some of the froth may disappear.
As Leeza pointed out, the p/s ratio is only 3.44 (including today) and the industry average is 10.19.. the industry being Application Software. It would seem, based on p/s, that there should further upside. I don't know that we'll get the ~3X to get to average for the sector, but that would be fine... <G> JMHO
Regards,
Roy |
