Replies to post #1120 on Young Broadcasting Inc. Class A (fka YBTVQ)

[TheNoviceChicago]

I don't generally make predictions, even to myself. That can be dangerous. It creates expectations. I prefer to watch L2 trading patterns, charts and keep an eye on potential changes that may or are affecting price. Not to mention MOMO, which we don't even have here. Based on all those things, my expectations adjust constantly. There's nothing like taking profits too soon (although any profit is a good thing!). Short term, I think the next couple of trading sessions are critical, especially with a long weekend coming up. Long term, the potential is much better and easier to judge. Just look at a three year chart and then consider what could be if they trim all the fat. If you do that, the difference between .50 and $1 is minimal.