2 replies to this topic

[ogm]

http://finance.yahoo...-200100289.html

I'm very unimpressed by the numbers.

The stock is bouncing a little after hours. Probably a small relief bounce after many days of selling.

I think every bounce is an opportunity to add shorts. This isn't a 30 P/E stock or report by any stretch, nevermind competition stepping on their heels.

Edited by ogm, 23 October 2012 - 03:31 PM.

[thespookyone]

Gotta be worth 40 bucks, don't you think

[ogm]

Gotta be worth 40 bucks, don't you think

Well, they do have 4 bil in cash.. so lets say 50-60 I think it will get there.

I took a little bit off today, since I figured it may get some kind of relief and its at that trendline, and I was trying to trim overall exposure a little. But I'll happily add it all back into a bounce tomorrow.

Edited by ogm, 23 October 2012 - 03:43 PM.