What is going to happen next week.........
I wish I had a crystal ball. I think the Intel news guarantees a buyer for every seller. Volume will allow the daytraders lots of play here. I think the volume dictates a support of the stock somewhere in between thursday and fridays close. I also believe that because it is Intel, we bring on more buy and holders which will dry up the available shares giving us the 2 steps forward one back see sawing for the near term. Given more news with other announcements and maybe a $$ figure, everything goes out the window and the rocket ride begins. Investors are looking for the next big thing and anybody who never heard of Wave that saw the volume and price gain must feel like they got hit in the head by one of those falling anvils from a loony tunes cartoon. We test the double digits next people. I think a close next friday between 7 and 12 is not out of the question. The psychological fear of buying on an unfulfilled promise has been lifted. Intel has provided Wave with that. We have waited for that. The tape tells the tale. 63 million shares can't be wrong. Price follows volume.
What if a third of those went to strong hands? If there was 25 M not being traded and another 21M got taken out of circulation.............woooooooooo. Everyday is a new day from here on out. The volume should have cleared the slate from anyone being able to hold the price back for days at a time. Our time has come, rejoice, bask in the glow, we've earned it. Validation and Vindication all in a 48 hour period. Sweet.
Wall Streets sees us dance and does not understand . Yet. But they will. And when they do it'll be like the running of the bulls behind us. Has there ever been a group of investors so squarely ahead of the curve than those in this equity? I think not. It is because of this community many have stayed who otherwise would have left. You can almost feel the relief in the messages written Thursday and Friday. Our company has probably been sustained by the community along the way as well. How nice so many have survived to see this story begin to unfold. Enjoy what will be wove. Be reminded by those that join us into the journey. Feel pride for the courage to stay the course. This has not only been a great learning experience in investing, life lessons have been learned here as well.
Enjoy the ride, we've earned it.
Dave
