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Re: Betchips post# 153

Friday, 05/20/2016 9:22:52 AM

Friday, May 20, 2016 9:22:52 AM

Post# of 300
Yeah. I've been buying under 7. I'm honestly a little confused at the market action. There is either a huge price dislocation or the market knows something I don't.

I take Pete at his word regarding the Q1 numbers because as long as I've followed him, he's been upfront about bad news. He acknowledges it and presents a plan to address it. In this case, he is saying it has already been addressed.

That, coupled with the pending launch of a new product in a multibillion dollar market, makes me think this is a great buy and a potential acquisition target.

I do have to question my thoughts, because the market clearly disagrees with me. I'd love to hear the bear's case.
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