I mean from a longer point of view, could the following have been predicted ?
A hot stock, with great PR, in the industry referred to as potentially the most important invention since the wheel, mixed with the phenomenom of day trading, market makers, and short squeezes.
I was speaking to a friend last night and I finally realized , maybe the sky is no limit here. I don't know how much capital Joe Daytrader has for this stock, I mean 100 shares presplit is 50 grand, but, I can't understand how it could end.
KIS you predicted a market crash or tax selling early in January, well lookie here, this stock I think has doubled this week. If the short interest is as high as I hear , maybe it could go to 1000 pre split...
As far as Greenspan goes, I don't think the dow is really in a mania stage, would he really raise rates to smoke the .com set ?
Howard |