I didn't say 70 (did I? oh well maybe I did).
Anyway, I MEANT 70's by Fall. For those that were asking,
I WOULD NOT sell this stock before October. I WOULD
sell OCT-JAN if you need the cash and/or you're afraid
of next year, but I actually think ERTS will do well
for the next 12-18 months (both in product
release/sales and stock price).
Tiberian Sun released,
a huge hit and the product looks good, btw.(off
Just can't imagine after the high profile
breakout that we'll be going any lower than 60 or so in
the near future. And yes, I'm still looking for 80. I
stopped looking at the trading charts a month or two ago
because they were driving me crazy and I didn't want to
get caught on a rally without ERTS (like which
happened twice before). I hope you can get some at 60
though before the big rally!!!
Did anybody really have a target price higher
than 69? (Okay, I know, Like_2_Watch wants
ERTS is due for a little rest. Maybe a move back down.
If it moves down, it could do 60+ to test support.
If it indeed makes that test and survives, it may go
higher, if not, well...
Since I have no position
(damn it) I don't really care, except, if it's going to
go to 96 or so, I'd like to buy some at 48 first!
Please? Heck, I'll settle for the $60+ if Greenspan will
leave the interest rates alone.
Oh, and today's
little decline was all over the 15-minute chart
yesterday. It closed with a nasty little candle pattern that
I'm sure had anyone who follows those selling. And,
today MACD on the daily chart turned down. Not a
problem till the weekly turns down. Though the truly
short term traders might start playing from the short
side. Which, frankly would probably just fuel the next
Best of luck to all. Wish I'd joined
you on the long side when the joining was good!
expect $90+ per share next year is because the
earnings estimate for next year is nearly double this
years! That will cut the P/E nearly in half!
$115 per share the P/E would still be less than the
current 60 P/E we have now!
So, we can either
listen to the "experts" who say ERTS is going to $92 or
we can listen to YOU saying AKLM will go to $13. I
wonder who most people will listen to?!?