Dear investors/friends:
There is nothing wrong with disagreeing about the company's outlook in comparison to its competitors or have different views as to the soundness of investing in the stock. After all, if everyone thought ALOY was a steal, then no one would have sold her shares and the prices would not have been where they are.
In comparing Aloy with Turf, I simply like to point out that Aloy has a larger subscription base and revenues, yet has posted a loss, whereas Turf's latest numbers showed some profits.
Unfortunately, it is far too early to even worry about the two as rivals in terms of market share and dominance. These are simply new comers. Turf's share price has surged for two main reasons: 1)favorable comments from the analyst who works for one of the brokers that brought the company public, and 2)the market had a positive momentum when Turf came out.
Aloy is an IPO and what is known as the third-tier internet company (Yahoo and alike being first-tier and Dclk and alike being second tier internet companies)
Aloy will bounce back and trade higher, much higher from its present levels (I will not predict when). However, this can only happen if
1) Market makes a come back and first tier internet companies' prices increase OR
2) Some analyst out there starts covering the stock or says something that would attract attention of investors OR
3) One of the more aggressive institutional buyers see the low prices and takes a position OR
4)Aloy posts really good numbers for its last quarter
I traded the stock on Friday and made a great deal of money from the time it traded between 19 and 22 1/4. However, I lost even more trading it on the way back from 23 to about 20. I even took a large position home on Friday, which is something I never do, thinking that Aloy will copy what Time Warner's stock did. It did not happen. I traded on Monday too, hoping to see a nice jump, which never materialized. I am not holding any position right now.
The interesting thing is that Aloy's price goes up so rapidly that it can go from 16 to 30 in an hour. Market makers sell so little at each level that if institutional investors or average investors flow in, the shares can have a real move on a rather low volume, until the price gets to around 25, where you see a lot of sellers will be coming out from hiding.
Finally, I personally like to see prices go up so that I can make some of the money that I lost.
Good luck to you all trading.
JDTrader |
