Thursday, August 28, 2008 1:17:52 PM
It's all part of a process. What I can tell you for sure is this. And this you take from this board and never lose. There is enough sales momentum, icon momentum, global momentum, and news momentum to carry this stock much higher.
This is also a stock that is heavily watched because it was carefully placed in a few affluent people's laps. We can sit here and say they will buy all we want but until they do, nobody will believe it. They could already be accumulating for 2-3 months for all you know.
The point is, THEY will decide just how high it runs and when they do, they will take no prisoners doing it. I can 100% assure you it will happen because of who it is. Their track record is impecable.
This stock right now is being held captive by retail. In other words, retail owns the NEW or fast money on the stock. That means it will be very easy for these guys to do their thing when they choose to. Retail will give up over a million shares before it even hits 50 cents. They'll give up 3 million shares before it hits 70 cents.
That's just what these guys want if they are gunning for $5-$10. Don't even listen to anybody else. They will say, "Why would they. Where's the sales?"
It's no different than hundreds of others that hedge funds run routinely for hundreds of percent based on future events. In this case, they will come true and leave everyone staring and waiting for a pull back that will never happen.
That is what is so beautiful about dealing with these guys. They know how to make it painful to watch for the guys who sold for a nickel gain.
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