Ok....so what will you do when it hits 7? It is going there. You are one of those buy high sell low investors.
It would be more wise to ask somebody that got in this stock in the 3's. Snow is a bandwagon trader...which means he is no guru by any means. He merely sticks his finger in the air to see which way the wind is blowing...but the problem with that is you are not there before everybody else. I....on the other hand....got in at 3.80s and have not looked back. $7 is in the cards this year with $8 looking more and more realistic due to the slower than expected rise of the stock thus far.
Nah...it is bandwagon. You hadn't even thought of trading this until it started going up and articles were written. A true trader has their own ideas and is ahead of EVERYBODY. You are a bandwagon trader....nothing more.
I do not think a buyout will happen either, but I know it is not for the reasons you stated. Just because there are shorts in a stock does not preclude a company from being bought out. I don't know which cracker jack box you pulled that idiocy from but you need to remove that fantasy from your mind. See what I did there?
This stock is a different beast altogether. Conventional wisdom takes a back seat to momo with this stock. It WILL hit at least $7 this year because it has to. When it hits that price point you will understand what I mean. IT has to hit $7 because people with a lot more money they you or I could ever dream of say it will hit $7. That is why it will hit that spot. Just watch. We may have dips and jumps along the way....but $7 is coming.
Try not to be too desperate pete. Cover tomorrow and cut your losses. I am sure you are getting reamed right now. Possibly one of the worst traders on the yahoo boards.
Really? You are going to desperately grasp at that? You know saying a company sucks etc. is one thing...but saying a company is in violation of the SEC and they are being watched by the SEC is something totally different. Jail time for that statement if false. So....you are saying the company is being watched by the SEC for improper activities. You know this for a fact? You must know it for a fact otherwise you wouldn't post just #$%$ you grabbed from your flabby #$%$ So...what is it?
Ah....so you are indeed back-peddling. I figured you had no clue what you were talking about.
No...you said a buyout is not POSSIBLE with shorts in a stock. That is beyond idiotic. No possible means it cannot happen at all whether or not a company would want to. Why would anybody listen to your posts after a statement like that? Get off your guru pedestal because you are FAR from one. You have taken the spot as dumbest poster on this board. Congratulations. Also, a buyout is more probable at any price that is current. The stock price does not matter too much for a buyout. What matters is whether a buyout is right considering the circumstances....that's it. Obviously you have a degree in liberal arts or no degree at all. Lack of knowledge with a delusional idea about knowledge is dangerous. Have fun losing your money.
So I guess this all happened because pete is never wrong?