Well, Marketbrief, if all of the analysts are on board--1st, 2nd, and most recently 3rd tier, as you now seem to agree (after having previously dismissed them all as 3rd tier "shills" that E*Trade had somehow hypnotized into supporting its stock)--then that would seem to me to be pretty persuasive that this is a stock ready to move forward.
However, I guess your theory is that if all of the folks who follow the stock are on board "there's no one left to bull the stock," then it's somehow better if NO analysts are on board, all of them think the stock sucks, and thus ALL of them are available to "bull" the stock. What a great piece of brilliant, paradoxical logic...
Finally, what Frederick Langford was talking about when he said that those folks who had bought and held (he bought at $20 pre-splits and sold at $30) were the ones who had made out like bandits was those folks who had held for more than two months (a point that seemed pretty clear to me, at least). I bought and held six months ago at $25 pre-split, and it's now at a pre-split price of $152. Call me crazy, but I think I've "made out like a bandit" regardless of the drop in the last two months... |
