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Sunday, June 24, 2012 4:26:25 PM
That being said the stock really did not go down too much after Tiger's fizzle at the Open, T21 is not really that big of a bomb, but for the greatest golfer of all time with a winning percentage that is around 30 % it is disappointing. I was admitted wrong about his win at the US Open but really it would have been too early and I think a win at the british is more suited to his game right now and will coincide with the company's release of the drop , especially if he wins in England just before the Olympics arrive.
Additionally I thought Drop held up exceedingly well to selling. The daily graph was looking weak the last 5 days, but has held up nicely and it poised for another run. Weekly graph is still looking good and both charts look very similar to charts before the last run up.
The coming weeks may bring surprises but remember this a potentially multi billion dollar company evaluated at just a fraction of its potential with world class management team and real distribution channels set up to push this product. What an
opportunity
PS. I also have to give you props for your disapproval of IBD, that paper is mostly a scam.
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