mogo,
it's been my understanding ( proven from observation and experience ) that the lower the float, the more liklihood there was for manipulation rather than your larger float point of view.
Moreover, what, in your opinion, would be the MMs motivation for shorting this stock and bringing it down to the lowest levels possible other than the obvious? And if the obvious is your conclusion, at 21 bucks---is this not a time for accumulation?
Right or wrong, imo, it just is: one, ONEM is not being accorded the same valuation of its peers--that's a fact. 2: no matter what the money flow gurus are saying, it'd be foolish to assume that with all the inut IPOs being unleashed into the realm, dilution is not occurring midst most of the 2nd/3rd tier inuts ( etailers/isps/enablers alike ) to free up a finite supply of cash to chase the next fortune maker. and 3: ISPs are simply outta favor, to be re-rotated into favor, imo, by late summer/fall.
Yeah, ONEM, and a few others in this space I own can drift lower but why buy when they're higher ( duh!)? Unless, of course, you have the time horizon of a fruit fly.
L |
