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James wrote:
>
> Fundamentals couldn't be more out of whack (but that is how it got to its
> current absolute insane price -- by short covering).
>
> Chasing bubbles like this is a recipe for disaster. IMHO
Well, I hate to court disaster, and I'm not inclined to actually buy!!!
unless it shows me some volume going UP. However I'm not sure what
fundamentals you're referring to. Earnings and growth is tremendous.
Time and time again I've seen them run up to split, and then go soft for a
while. I figure that's what's going on here. Seems like it absorbed the
dumping pretty well, with the substantial volume contraction.
Please feel free to expand on your fundamentals theories. Trying at all
times to consider all factors!
rgds,
phil
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