check out key stastics on rax board-160 institutions hold 71% of shares outstanding and with the funds 93% of the float and are still buying.there will be upgrades after the 3rd. qtr. report . the shorts will have a rough go of it trying to cover their positions .as for the p/e that everyone is concerned about growth will take care of that . microsoft and google had astonomical p/e's when they first went public everyone has a short memory.i see blue skies ahead for the longs
all I was doing was reporting price movement directly following earnings...which was all completely true at the time. am i surprised to see a bounce today? certainly. was i a liar, as trading champ "opa..." tried to point out...not at all.
if anyone in this thread is a fool, it's "opa..."
my opinion going forward remains that this stock will fall. i'm thinking $23-$24 before options expiration. just my take.