The real bottom is $385 but of course it does not have to go there. I’d be surprised if this did not break $400 though. No, not today, today may me a slightly up day. It’s not how the day starts but how it ends and on what volume. I’ve lost a small fortune on this stock being long getting out rebuying long. Got out last at $525 and been watching while the shorts were screaming go short and I was laughing in disbelief. I still can’t go short and won’t here of course, so close to absolute bottom. I’d have to buy at $400 and sell at $675 to break even. But of course I’ll try to get some of it back.
We need a new product announcement to get us to $675 again.