johnathan--
ok, then explain it to me.
you dont get it either, or you would have already done so. so, what do we do now? blindly follow the market, or do we take the time to actually research the company and figure it out. i have already done my research, and drawn my conclusions. what is driving this stock isnt earnings (past or future), its momentum and all the wonderful feel good people out there who want to buy whats hot. is it rational? no. has it worked, sure. does that mean i cant make money when rationality suddenly floats back in? oh hell no!
BTW-- i am back in with puts at around 76.50. this is kind of fun. i love the volatility. but i dont think i am going to be playing it long. i like to go long trading stocks only when there are fundamentals<G>.
one question though...what makes you think i am wrong and the market is right? the price? hell, that only shows the 'market' has more buying power than i. i may only be 24, but at least i very clearly understand that.
good luck to all,
trey |
