I dont think this stock really cares its splitting, that it just struck a major deal with NBC, that its Snap portal was one of the fastesst growing site last month, that it introduced an exlusive service for high-speed users, that it will have more than 800 million in cash and securities soon, that the earnings blew the estimates, thats its peers trade at much higher market caps, that it has great growth potential, auctions, web shopping comparions, bla. bla..bla..
all it can see is what happened to SEEK after the DIS tie-up SEEK is a lousy money losing operation, but the big boys wont see that they've somehow tied CNET,XMCM, GE to SEEK,DIS.
that does not bode too well..can we see 80 ? I just sold my calls..made little $.. dont like the way its behaving.. down in up markets, just sinks in down markets good luck to you. |