Stifel Nicolaus is gonna make my day!
Tah-dahhhhhh (Don't you hear the trumpets blaring?)
This analytic group has declared their newest target for our very own beloved ALDW. And what do you think they see?
Why, it's $12 dollars!!!!!!!!!!!!!!!!!!!
This fits the picture that Pete807, Catdaddy and some others of us have been pitching for a couple of months and longer. So what does this portend?
1. Blow up a balloon and then prick it with a pin----that's what happens. It blows up in your face, right? Well, the manipulative arts played in ample evidence with this particular stock pick is about to blow up in the faces of said manipulative basty nasturds!
This will amount to Stage 1 of a multi-staged short squeeze.
2. All the high frequency-and-deliberately-groom-&-doom-inspired machine-based trading is suddenly on high alert and the sirens are staging the beginnings of this next wave of "Whah-happen?" rational. Things are going to begin their mood reversal today.
3. When this happens, theater lights are on full bright with formerly scared-off patrons of the Wall Street arts scrambling to get back on board, having vacated some time earlier. Not to say they weren't smart in doing so as they may have done well---better, in fact, than if they'd stayed the course here with us.
And I know for a fact that catdaddy and Pete807 and Wall Street Rocker and some notable others have operated with considerable savvy to say nothing of patience and trust. IHUB is focused largely on the merits of penny stock offerings. ALDW does not fit the category, for sure. Yet, for some of us, $9 for a share/unit of the company is not overly threatening. And in my case I've gone out on the mother of all limbs, using margin (borrowing and submitting to monthly interest charges) if only to prove to myself that I've got the nerve to stand in opposition to the crowd out there in the broader investment community here and abroad.
Now we need to do exactly as we have been doing---remain focused not on daily fluctuation resulting from the manipulation artists but by us regular folks working together to spread our insights that we all might profit.
If I were not over-extended right now due to margin, I'd be adding right out of the chute. It's a no-brainer in my opinion. Guidance from the company isn't due for a couple of weeks. And this is what will have people scrambling today to restore some of the highly leveraged valuation we've been seeing of late. My own price target has been around $12 for a long time now, so today's Stifel Nicolaus announcement doesn't surprise me in the least. But their predictions tend to mirror the near term future so I'd not be dismissive of their projections. Remember---analysts have access to the books whereas we of the retail crowd do not.
Last but not least, we've all been beaten up, down and sideways by recent trading patterns. None here has magically been spared. Whereas I'd enjoyed a $29,000 profit sitting on the table, I saw it dwindle all the way down to a few hundred dollars. That hurts when you carry a $60,000 margin utilization largely because I was determined that ALDW should have the opportunity to make my year worthwhile insofar as stock work is concerned.
So if you're inclined to jump onto the fast track, here's your chance to be convincing.
Have at it! And may we all savor every moment of today's ride!
My best to all reading this board today! We deserve this bit ofd success.
