If you look back at the insider trades for this time last year, you will see extensive activity by enRon and his lap dogs. No doubt same is happening this year. I believe there is a window they can sell in and this time of year is one of them.
I'm glad to see that this board is not just full of cheerleaders. I am just trying to be practical here, and sometimes the yelling starts. I am on my "32 watch" here. That's because if things hold true to form..enRon and the boys are selling as I type. With the rediculous reporting laws, I imagine we will see this about the end of March...just watch for those insider names. The pimple-nose brats over at CS First Boston will probably try to put the brakes on this little rally...within a week expect some kind of downgrade, usually citing "upward pressure on the price of the stock" which usually is a simple way of *%#cking the little guy out of greater returns. I will shut up for good if these two things do not happen in the next 30 days. I hope I am wrong and this baby is allowed to park itself around the 52 week high. Good luck to all.
These guys have never vertically integrated anything. ALL they do is acquire earnings..as long as they keep the so-called "pipeline" full that Mr. enRon is always talking about, this stock will do fine. When the acquisitions dry up...RUN FOR THE HILLS! They will aquire about another $150 mil., get the stock to about 36-38 and eventually flip it to somebody.Timeframe?? I give them 2 more years.