AI
Saturday, October 02, 2010 9:54:39 PM
Perhaps elcheepo-- but I see it as an initial legitimate negative reaction that is over-reaching. It's in the same vein as an over-enthusiastic run up that stretches the fundamental base value.
I think we see a 1-3 session leveling w/ a technical return to the bollinger bands. Additionally, unless you believe as an earlier poster that they are on the brink of bankruptcy (SEC files do not support that suggestion IMO), I see 3 significant events that will then help determine a longer short-term direction:
10/4 (Monday): Company to introduce new speech platform (seen as neutral-positive)
10/19: IPO Lock Out ends (ty for your link to bring this to light
-- seen as neutral-negative)
11/11: 1Q Earnings Report (the big question to be answered WRT direction)
I think we see a 1-3 session leveling w/ a technical return to the bollinger bands. Additionally, unless you believe as an earlier poster that they are on the brink of bankruptcy (SEC files do not support that suggestion IMO), I see 3 significant events that will then help determine a longer short-term direction:
10/4 (Monday): Company to introduce new speech platform (seen as neutral-positive)
10/19: IPO Lock Out ends (ty for your link to bring this to light
-- seen as neutral-negative) 11/11: 1Q Earnings Report (the big question to be answered WRT direction)
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