Zen if you ask me a combination of a few things. The moment traders got it moving up-this is all automated and probably trading profits on those same shares intra day as long as the volume would support it.
Wavoids.... I don't think one can under estimated the anticipation the wavoids have to have the bucket loaded before this thing takes off. How many times have we sen this over the years and how many times have we seen the participants on the boards comment that they have bought. I am sure they have family and friends all in on this stock, along with others that don't participate on the boards.
It has to be true because there has always been support at least somewhat for the stock itself, if not so much for the products.
The dream-a pipe dream some would say, has always been the greatest elixir as far as this stock has been concerned. So much so it overshadowed everything that needed to be taken into consideration when evaluating the company.
Look, I don't even consider posts by people who say the stock is a POS, it's going bankrupt, you are going to lose it all noise you have posted for the last 15 years. Anybody who can't see that for what it's worth is too wrapped up here.
There was never any reason to believe this stock and those benchmarks that are used to determine value in other equities didn't apply or mesh. It was lain bare for anyone who looked. There are those who didn't want to look, didn't want to listen to any of that..and the shame of it all was that sort of fiscal prudence was even neglected by those inside the company at the time..like it didn't matter.
There are those who still follow that blueprint IMO, and that includes buying so we don't miss the run up..even though we have holdings in 5 and 6 figures.........and some of those holding on and other who came late to that party selling at a loss on the way down while the automated trading guys are long gone........
AI
