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Euronet Worldwide Inc. Message Board

  • napavalleycompany napavalleycompany Jul 29, 2001 12:47 PM Flag

    Stockwatch posts

    My second post here. Have been watching posts.
    Stockwatch seems to mix the truth with the rumors. It is unlikeley that this poster is long this stock since it just hit a 52 week high. It is interesting that he may see more downward potential than upward. I must admit that there are some posts out there right at the first of the year thinking this was a 20.00 stock, highly unlikely. I feel one thing that has not been addressed is that, If it took 6 months to go to 11, it may be logical that it would decrease half that in half the time increasing a return double to what it delivered on a short. No doubt Stockwatch has shorted this and embraces
    the idea of a rare mathematician/economist
    named Fibanachi whom laid out these theories.
    Eroding off a 52 week high with high volume means that some people believe this can go nowhere else. A million share volume day only is relevant if they hold long, but likely some of those shares went short. Just a few thoughts

    Drink wine it is good for you

 
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