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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Mongo2116 who wrote (41989)8/6/1999 3:10:00 PM
From: Jose Matos  Read Replies (3) | Respond to of 122088
 
Anyone shorting KIDE? the valuations and prospects seem way overdone to me. Look at the chart. $4 ~ $49 yearly range, and recently made tremendous moves up. All on account of this Pokeman craze.
Is it me or are people buying this crap crazy?

I can't see how a company with a licensing agreement for a currently hot toy can sustain these gains. I thinks it's another hacky sack, cabbage patch or other fad that is destined to be short lived.

Currently above $42. the 200 DMA is $15.
My bet it that it goes down to 20 in a month or so.

any opinions?

Regards.
jose.