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Akamai Technologies, Inc. Message Board

  • scottcreegar scottcreegar Jul 26, 2012 2:58 PM Flag

    bid pressure is building for a parabolic rip higher

    LII is full of shorts desperate to cover and longs chasing to get in

    buy any price - tomorrow will gap up $1-1.50 and continue the run to $37-38 over the next few days

    odds of AKAM pulling back = ZERO

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    • There still are some shorts hoping for some type of a pull-back to get out without huge losses. The longer they wait the bigger their loss will be. That's what happens when you're way too greedy! For 6 months shorts have ruled Akamai's stock and unfairly brought the price down, although the pendulum had swung a little too high. Now it has swung too low and like always the swings are to the extreme. I would anticipate the pendulum swinging towards a new high later in the year or early in 2013 after the election is over and the country settles into the new term.

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