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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?

To: rjk01 who wrote (10426)4/27/2007 4:15:05 PM
From: Andre Williamson  Respond to of 10485
 
1-1.3 you mean (2 is a long time ago and not anytime soon).

Define "soon." Could we touch $2 within the next year? Of course we could. We went from $1.20 to $1 overnight on a measly 12 million shares (and volumes are back to a trickle). One very good piece of information could goose the stock.

Not saying it will happen, just believe that being convinced it won't could prove shortsighted.

IMO people focus myopically on the yo-yo, instead of on the terrain ...or perhaps on the quality of the footwear, LOL!

Andre



To: rjk01 who wrote (10426)4/27/2007 4:17:45 PM
From: Andre Williamson  Read Replies (2) | Respond to of 10485
 
Let me put it another way. One would have to buck the evidence to make a convincing case the stock can't go to $2, because the 5-year chart says otherwise:

finance.yahoo.com

Andre


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