anyone believes there will be a stock buy back. Not much hope for bnbn either.
Too much has been done by the management to undermine the validity of either bks or bnbn. Today I am out of the puts on both bnbn & bks. Again sorry I did that but again, no guts.
BNBN set a record not stop new low today. By the end of next week bks will set another new low.
These stocks show absolutely no hope for any type of recovery in the next 2-3months.
I project bnbn by end of next week to be around 8 and bks to be around 18. I feel pretty confident on that. If tomorrow is again down will look at the 10 puts for bnbn & the 15 puts for bks. I would strongly suggest no one buys either of these companies. The risk is too high.
You are being carefully monitored by Yahoo. Watch what you say and how you say it. I am pleased to note that your typically reckless chatter is now couched in terms that indicate that you are simply rendering one person's OPINION. You are probably being well-paid by shorts to post here to trash these two companies. If not, you really need to get a job. By the way, do you remember your idiotic prediction about bnbn NEVER reaching 16 in year 2000? Will you take my $50,000 bet on that? I'm not a high risk person, but I'd have no problem with that gamble.
The following quotation comes from Fool.com's recent article on tech stocks, but it's equally applicable to the situation with BKS these days. Please consider this the next time you're about to post a "This POS stinks" message. Maybe it does, maybe it doesn't. All I know is daytraders die broke.
"Although a rising stock price is a nice sign of the health of a business, it is by no means symptomatic. Sometimes the best companies on the planet can go years without much share price appreciation. For example, Motorola (NYSE:MOT - news) has increased by 7500% over a 20-ear period, but did not appreciate at all for the 5 year period between January 1994 and January 1999. And Wal-Mart (NYSE:WMT - news) , though not a "tech company," went from mid-1991 to mid-1997 without any appreciation of shareholder value. Is this the sign of a bad company? You tell me, are Motorola and Wal-Mart bad companies, ones without potential for future profit growth?"