posted on
May 07, 2008 01:36PM
The point of inflection is not selling price but rather market cap. At the current price, market cap. falls in the low end of what is conservative total value based on what we know plus a speculative premium for what we think we know. If and when what we think we know is confirmed , market cap. can bounce to a higher end of that range , based on assessment of the added data. The big guys will make that assessment quickly and the price will go to the lower end of the elevated range. If it overshoots, the magic hand of the market will bring it down within a week or so. There will be much less emotion in this, the next round of price movement, so some will suffer a final bout of frustration and sell out. If your expectations are too high, you will likely be disappointed, sell out within a week or so, and miss out on a great growth story. All this has been discussed before, but I think you are wise to look 6 to 18 months down the road rather than 6 days. Lets hope the top of the range is heaven. Good luck to all of us.