Wednesday, December 04, 2013 8:53:20 AM
Yeah I did my own DD is why I'm not invested at this point, although
I think a one-day bump today as people expect to recover yesterday's loss -- seeing it as a re-load op -- is likely.
Personally I just have other investments I like more right now.
As I said it does look like it will rise based on MOMO and enthusiasm but that isn't based on solid fact so wait for the shorts to come --
b/c they will.
Not to say there isn't some data supporting this but not nearly as much or as one-sidedly as some of what I'm reading on this Board or some social media boards.
$2.50 is probably too low but what's the realistic ceiling here?
Pumpers or bashers galore usually when any stock reaches this level of volatility and blind enthusiasm:
the short interest report shows the bear attack hasn't happened yet but if you wanna bet it won't good luck with that.
Investing vs. day trading should be based on facts and data not hype.
Also whether you brush this writer off or not and I did emphasize that he may have an ulterior motive as well, not everyone will and
he raises some valid points incl. that the rise seems attributed as much to communal enthusiasm as facts and there are other such voices of caution out there and that too has to be factored into the possible outcome.
So don't hedge your bets or use caution, expect to ride it todamoon and bet your kids' college tuition or mortgage on it,
but don't accuse PPL who are stating facts which might help a few keep perspective of random ulterior motives.
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