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SSKILLZ1

05/04/06 10:41 AM

#42535 RE: Knowledge is King #42531

KIK, ERS right now has an RSI slightly below 84, it feels like the RSI should even be higher then that when you take in consideration the run it has had. This stock has a life of it's own in my opinion, and right now, your guess is good as mine where this games of musical chairs end, because right now the music has been playing for a long time here, and nobody knows when it is going to stop. Granted I could always be wrong.
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researcher59

05/04/06 10:54 AM

#42539 RE: Knowledge is King #42531

Knowledge: ERS has been the wrong stock to short so far .... that could change after the earnings come out and its IBD ranking drops, but who knows ? There are plenty of stocks that maintain PE's much higher than ERS's .... if the stock continues to keep its cult following, maybe $100 per share is within the realm of possiblitity ? It happened to TZOO back in 2004 .... of course, eventually TZOO dropped from over $100 back into the teens ....

I'm stubborn and plan to stay short unless the fundamentals improve significantly .... is there a price at which you'll cut your losses and cover ? Just to escape this 'house of pain' ?