I know you posted them David, it was called sarcasm.
My point is that certain people (not you) can be very hypocritical on this thread. The best thing to do is focus on the important things.
Fine you posted a rumour about Herb Martin leaving, but I people tend to blow things out of proportion. I personally don't care if Jim Burke left or not on Cube's side as well nobody should care for Herb on Ess's side.
To John: I use trendlines and investor sentiment. To me that is fact, and I'll post it. Please don't call it mind games because it's not. I alone did not promote the drop of C-Cube from $40 to $27. I tend to feel that history tends to repeat itself with alot of stocks.
Nasdaq up 9 today, but when you saw Cisco down 2, who really thought today's bull market was legit? People feel things based on historical reference. As I have been saying, the Nasdaq has been going through one of those semi-annual breakdowns.
As far as the charts for CUBE, it's looking unbelievably similar to Iomega. I remember reading the Motley Fool and being convinced by people similar to the one's here that Iomega was the greatest company in the world, and that the pullback it had experienced was unwarranted. I bought in at $14 sometime last summer, and rode the stock to $25. It then started slowly, slowly drifting under light volume down to about $16, the level it stands at today. By all respects, Iomega is a piece of shit stock.
This same trend is occurring with C-Cube. The stock is falling under light volume, with no buyers out there. Mind you ESS volume is light too, but the stock has been surprisingly stable. Plus, ESS has made a positive rise from two-three weeks ago ($22 levels) in crappy market conditions, whereas CUBE has made negative moves from $34. This can't be positive in anyone's book. In conclusion, there is no conclusion, I own neither of the stocks so I don't care.
I own China Eastern Airlines at IPO price a few weeks ago, check it out. I told you guys, tech's not in fashion for a while. China is where it's at.
GC, see ya next week. |
