When and not IF. I the next few days this will hit $20+. In the history stock investiing, I have never come across one stock that is gurantedd to go up in matter of couple of days with so much certaininty with it.
In my opinion, it should take one more week. Why?
50% of $20 is $10.
But going from $10 to $20 needs a 100% upside. It is easier to bring it down than bringing it up. We should probably be in the $20's before earnings. Besides at a pessimist rate of 10% a day, we still need around four days (next week). One more thing... NQ is going to be a juggernaut next year, why selling at $20? LETS AIM FOR $60!
Hmm, every time I see complacency like the one expressed in your post, bad things happen. YDT issue is still unresolved. Market share issue is still unresolved. I believe waiting for Nov 12th is the right strategy. If they announce significantly lower revenue than expected, then you know the gig is up. If the number is as widely expected, then you know it's solid. At this time, it's all he said vs he said.
ask yourself one question." If level 2 assets are so illiquid as MW claims how do they get $40 million into standard charter in 2 days?" They already have the $166 million from the offering of debt securities from MS and DB. So it did not come from there. Now unless Standard Charter Bank in Hong Kong is some fly by night operation in your mind the answer speaks VOLUMES about the lies told by MW!!!!