Tuesday, December 15, 2009 12:20:56 PM
IMO...buy the low volume dips or high volume capitulation bottoms when the full stochastics are way below 20.
Fundamentals speak for themselves...on the Nasdaq SBAY will command a much higher PE ratio imo.
An easy double is probable...my non scientific wild ass guess...but I've done well using TA to trade this thing. Sometimes I'm early, but I'm patient until I get the free shares for the long haul.
While I'm less optimistic since a majority was paid for a minority....still, $30 SBAY is coming... $60 might be a lot further out than I had guessed before the deal was announced and share count bumped up.
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