I will not analyze Avid's numbers in this venue. We've already discussed them at length in the Avid Group.
Those who like the "numbers" will eventually buy "like hotcakes" as their confidence grows and the lack of negative posts and analyses decline.
Those who have the opposite view will slowly accumulate a short position. Why they would do so in the light of a "blow out quarter" is a mystery to some, obvious to others.
Eventually, one group gets burned.
It's Darwin's theory.
I've learned a lot over the last few months. I will never again discuss facts and figures in an open forum. From this day forward my goal will be to capitalize on the low-aptitude of the average retail trader and the duplicity of professional analysts (many of whom also have low aptitude).
Avid management has provided some the opportunity of a lifetime.
What do I mean? Long or short?
I agree that the end of the 1st quarter will end this saga.......
<<I've learned a lot over the last few months. I will never again discuss facts and figures in an open forum.>>
So does that mean you're finally going to take your losses and move on to a stock you understand? Are you trying to tell us that you're one of the shorts who was shocked by the good numbers and is searching for a quiet exit?
You really should hang in for a while longer. Now's not the time to get panicky. I think there's a fair chance you might see a slight pullback in Avid over the next few weeks. Good luck, kid. And thanks for the laughs.