TheDirectory.com Inc (SEEK)

[Farrago]

Not a bad plan. I have yet to see EYSM/SEEK rise and sustain any gains after news, and it's all been positive. Again, this stock is a flippers dream, it goes up, it comes down ... very steady, very predictable, and relatively quickly. It doesn't seem to be tied to news or developments, and I doubt the PPS will really reflect positive financials.

Eventually profits will drive the PPS ... but as of now, until SG does this share buyback and cleans up both the SS and debt, and SEEK is established in the industry and some external criteria can be used to justify a P/E ratio that will show it to either be under- or over-valued ... this pattern will continue.

All in my opinion of course, but as much as I would LOVE to see the PPS take a jump after financials are posted, after watching (and owning) SEEK for some time, I have my doubts. Even if it does have a spike, I have even higher doubts that any gains will be sustained.

I think you have a good plan...unfortunately it's too easy to manipulate this and that makes it dangerous. Hope you're wrong and we have a steady gain that holds, but think your prediction will probably prove valid.

And, oh btw, I care what your plan is, as I think it's valid.

This and next week will tell.