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| Alias Born | 01/10/2014 |
Friday, January 08, 2016 12:18:38 PM
As I have said since before earnings, it needs to be closer to $2.50. The risk is too high until the late 3rd quarter to buy this unless it is near the margin limit for shorting.
If you are a flipper... I'd flip for 12 cents but I wouldn't start until it is a bit lower.
And to be very clear, this stock is NOT a long-term hold. Ever, in my opinion. Ever. There is too much competition and the fact is anyone can make a product just as good as this for next to nothing, plus the track record of the company shows a very consistent behavior of paying themselves.
This stock is going to be all over the place... it is a gilded ticket. Flippers dream.
If you are a flipper... I'd flip for 12 cents but I wouldn't start until it is a bit lower.
And to be very clear, this stock is NOT a long-term hold. Ever, in my opinion. Ever. There is too much competition and the fact is anyone can make a product just as good as this for next to nothing, plus the track record of the company shows a very consistent behavior of paying themselves.
This stock is going to be all over the place... it is a gilded ticket. Flippers dream.
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