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I_Am_Ram

05/07/18 1:15 PM

#42798 RE: heyheyhey #42792

If we throw RSI out of the picture here is consolidation really needed? Fundamentals say this is way over bought, but why? It’s overbought because 100’s if not 1000’s are seeing this opportunity and getting in while it’s still cheap. And right now, in my opinion, it’s still cheap. We are at a market cap that would reflect a couple years worth of infringement for ONE of the cable companies.

I don’t think we really need consolidation until the market cap starts sniffing 100 million. Maybe even 200 million. I could be wrong. I would like someone who knows chart fundamentals to chime in as I’ve never really paid much attention to them.