***Galapagos Islands***

[JXM]

There is no question that many people love the product.....now. But stock price is about future value. And I think that the future value is in jeopardy for the reasons stated.

One thing that would make me think otherwise is if they have some sort of exclusive licensing agreement that would allow them to offer the selections that they do and exclude others. Then if they partnered with local service providers, they could have a real winner. In other words, if their business plan has a path to VOD they could have a real nice position. FWIW, that triple bottom would have me worried on the bullish side. I know that the chart doesn't have an official negative interpretation to it, but it does look toppy to me. Again, not saying that it won't go to 27 first, but I think that the steady increases are over and that lower highs are going to start showing up.