I understand slaz. I think you know my opinions aren't meant to discourage. I hope I'm wayyy off on this and it busts out over $10...I really do.
I wanted to get in this last spring myself but felt the pps was too high considering what the investors paid...so I sat this dance out.
If it doesn't do as well out of the gate as we hope then maybe averaging down is the thing to do. I do feel they have a great business model. QVC is growing..people are shopping more on-line and on TV than ever before. It's a hugely growing business even in a tough economy. In time this could be a solid winner..especially if it goes over $5 and attracts an entirely differenty crowd of investors and or moves to the Nasdaq.