While I cannot help but appreciate the upgrade by benchmark capital today, one still must question the timing. Why now? What is known now that wasnt known when we were trading a full 10-15% lower? Answer of course, nothing, save the notion that Benchmark or it's benefactor wasn't finished accumulating their position. I find it disturbing that these so called analysts will only issue their upgrades and positive guidance at the END of short term and intermediate term moves. The stock has indeed seen a nice run and will undoubtedly pull back once Benchmark dumps their trading shares. In the meantime, sit back and enjoy the ride. Better prices for buyers await us.
You must be a daytrader. Im looking at a daily chart and it looks like Benchmarks timing couldn't be better. In fact if you check it out, you'll see that it's clear sailing all the way up to around 15.10