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Alias Born 11/17/2009

Re: systrader post# 6354

Thursday, 11/04/2010 3:22:13 PM

Thursday, November 04, 2010 3:22:13 PM

Post# of 34471
I agree with you on buying the dips today, but I don't agree with the brighter the star the faster it burns out, not in this case anyway. What we are experiencing right now is a frantic influx of capital brought about by massive exposure that is bringing a disgustingly undervalued stock more inline with its peers. And in that respect, we still have a long way to go.

The only reason that we ever traded sub $10 was because of fraud fears brought about by the short attack and rumors. All that time that it was trading in the $8-12 range the story was growing stronger and stronger, further growing the divide between what the stock was trading at vs what it should have been trading at.

It wouldn't make any sense for this rally to slow down at all until we are well into the $20s and from there I suspect that it will still maintain a trajectory that will outpace the indices by a considerable margin.
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