as to why we are so strong today, on top of a strong three weeks. I recommended this beauty to all my friends at $28 a three weeks ago and now I look like a genius, but I haven't a clue as to why I am so smart:>)
The price finally broke out above 33. It's been bouncing back and forth, moving sideways between about 27 and 33 for a while, right? That mixed with the news about the acquisition. My guess, it looks overbought here and will probably pull back a bit here before continuing any higher.
Hm-m-m-m maybe you are right - Yet, but it seems to have gotten legs three weeks ago and the climb is accelerating. While it may, may, be overbought, it looks like it may get more "ovrebought" before we hear the news that is causing the rise. I don't see the recent acquisition as significant. They paid 5 times sales for it (alot) and said it would not contribute to profits anytime before late 2007.
Anybody here have an inside scoop, or a very educated guess??