Perhaps one more test at 36, then I agree, we go 40's.
My sell target has been $45 (in at around 33), but I'm gonna have to raise that. The current action and charts look like it could break 50 easy close to IPO (only 2 points higher than the highest earlier pop). I'm probably being too conservative as well.
Ok...best case scenario, plus a little luck, and IF: the nets are on a streak, a favorable WSJ article on the IPO, a feature in Thom Collandra's Stock Watch, AMZN +50 by noon, 4 Joe K teasers, a huge Aresenio short interest, Fortune Magazine cover "BN.COM vs AMAZON.COM - Who's the "real" goliath?", plus the CEO on CNBC Power Lunch, and BKS could hit...well, I don't even want to speculate :-)
SM |
