Large caps got us here, small caps and junk will do the rest of the running, IMO. As long as the rising wedge holds, we're pointed higher. We might wind up this week, or we could drop out of the rising wedge, hit a lower channel line, and continue up to test the Dec. highs.
Zeev, COO indeed looks like a solid stock/company. If I understand you, you think $30 is fair value for a stock earning $2 this year, and growing as it is. I am puzzled by the large short interest - 30% as of latest Yahoo research numbers. Can you please comment on this - why in the world would so many be shorting this? TIA.
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