Re: Possible Price by year's end. ORY, pat
in response to
by
posted on
Nov 01, 2010 11:08AM
The reason I beat around the bush concerning this topic, joke around, do the IMO stuff and my passion for the lucky number 7, and things that suround it in my life of 6+ decades, is because I don't have a clue how to be realistic.
That's as honest as I can be about it.
Now, if many significant events, and I don't mean just a bunch of settlements for a few million each to line the bank account, which would be terrific, I mean HUGE elements one after another, then this thing could pop.
Fundamentals, market principals, eps stuff etc is one thing, but emotion is another. We had LOTS of emotion during the tech bubble and run from a nickle to $24.50.
I paid $256/share for QCOM 6 weeks before the 4:1 split 1/1/00. It got to $800 ending 1999. Wild times, and those days I doubt will ever return over all, but selected companies here and there could have a repeat if all the pieces fall into place. Will that happen here? It could, so we'll see.
Just think 7's and hope...lol.