HELLO EVERYONE!
Great article, Tom!
However, there is still a "HUGE" upside for MALL, because of the IPO which if you compare it to ONSL could fetch $90 - $100 IMHO.
Therefore we should still see an upside of around 40%!
0.8 x $90 (UBID IPO) + $10 (MALL intrinsic value) = $ 82 for MALL
currently $57 to $82 = 40%
You will see Merrill Lynch "hype" their IPO starting monday (which will drive MALL up further) .
IMO - The reason for the sell-off on friday was simply that people see more of an upside % in stocks like MZON, NAVR, BAMM, AMEN, AWEB, DBCC, USAI, KLOC, CYLK and others.
You will see more "new" investors after the hype.
ONE THING EVERYONE HERE NEEDS TO UNDERSTAND, THE REASON WHY THESE INTERNET E-COMMERCE STOCKS ARE GOING UP SO INCREDIBLY FAST NOW, IS SIMPLY: 1. HUGE DEMAND; 2. SMALL FLOAT 3. HYPE 4. SHORT SQUEEZE
5. GREED
ALL VITAL COMPONENTS TO A "NEVER BEFORE SEEN" MANIA THAT ALL OF US SHOULD/WILL BENEFIT FROM!
So, to the "shorts" out there!
GOOD LUCK!
RICO
One question for you Tom, Why didn't you wait to short MALL til right after the IPO? You have to admit, shorting it as early as you did was a MAJOR MISTAKE and WHY would you be long one e-commerce stock MZON and short another MALL?
P.S. I had to cover my KTEL short at $17.5 (from 11.5). Can you believe it? the NASDAQ threatens delisting for KTEL, yet the stock goes up 45%! INSANITY!!!!!!!!!!!
NO SHORTING FOR ME! I AM NOT STANDING IN FRONT OF THIS TRAIN, GIVE ME TWO SOLID DOWNDAYS AND WE WILL SEE, OTHERWISE LONG, LONG, LONG!
Best of luck to all of us!
Rico |
