Thursday, June 21, 2007 9:19:44 AM
To me, you just never know what the Market will do. We do not know where anybody has their individual selling points at, or what their selling strategy is. Some might bail at .04 or .08 while others will hold long for the gamble of big raises. In the last 6 of months I have heard nothing but how over valued AMZN is, but look what it did, from 35-40 to 72. Maybe I have missed some research or an opinion here. My point being, yes the numbers tell part of the equation and give us guides as to what the stock will do. The media frenzy could set this thing on fire alone. The real part is, they could bring up tons of gold and silver and the stock might not react the way we want or think it will. Not a single solitary one of us really knows what it will do, yep we all have our thoughts and ideas, and that is what makes us unique persons. With the larger float, averaging down makes the most sense to me, it is like buying points on your house loan, you spend a thousand to save 50 thousand, smart money in my book.
Rock out with your Stock out. :)>
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