To: Augustus Gloop who wrote (1890 ) 8/27/1999 1:27:00 PM From: im a survivor Read Replies (2) | Respond to of 3418
<< Message #1890 from Nasdaq777 at Aug 27 1999 1:05PM Is a move to 25-30 in the next 12 months realistic? When and why do you expect analysts to start coverage? Not being a jerk...just asking. Thanks >> Personally I think when this thing turns around for real, and that could be now, $25 - $30 will happen within weeks...not a year. I tell you, it looks strong today, but one day cannot make a stock. It " smells " different though...you can just feel the sentiment changing...and the " sling shot " effect is as real as it can be and is done all the time. I really have no idea what tomorrow brings, but feel very good that this is a great buy at these levels if your holding. When we were in the mid to upper $20's , many folks said we were going back to $40 - $50. I was one of the few that said we would see the teens and possible lower. When we hit the teens, I figured $10 or below was next. We got close...into the $11's, and bounced rather nicely. Charts lok much better then yesterday but still too early to call. My gut is telling me we are in a reversal to the positive side and the charts will hopefully back that up in the very short term. TA aside.......I think upper $20's comes within the next 1 - 4 weeks, with more upside as we cross new resistance levels. As far as analysts...eventually they will come simply because of who msgi is. I expect the coverage to be positive as well.....There is nothing but good fundamentals with this company...tremendous potential, but there will be up's and down's along the way. On a different note.....This morning I was accused on another thread (dmec) of bashing msgi on this thread the last few days. What I find ironic is, I am long on msgi and getting longer as it drops. If honesty is bashing, then I am guilty...MSGI was looking sick, simple as that. Just because I am long, I will not sit here and sugarcoat things. I spoke what the TA said at the time. I can't look at charts that are pointing downward and lie about it. The little birdy was saying we were going to drop and I simply let folks know........I always felt if you were going to be really objective about something, you must look at all points, positive and negative. I have always felt this was a great company......it just hit some short term bumps in the road. Anyway....my best to all longs that have stuck this out, and congrats to those of you that sucked it up and bought more at these extreme discounted prices.