I know nothing of fundamentals. WorldCom, Tyco, and Enron had sound fundamentals.
My prism that I look through, if you will, is that everything is lies, noise and distortions.
What is real is price and the market.
Right now, gogo is going through distribution, that's my trying to be objective as possible about the price action.
I think gogo is going to break down.
I can be wrong, as we have a 50/50 chance either way.
But the bearish engulfing today adds weight to the down side.
That's just my opinion.