Ahhaha and Ainsworth, personally I think you two gentlemen are over analyzing this whole thing. You keep finding all of these incriminatory reasons why not to buy or rather why ATHM is over valued. You can argue up and down about all of the technical and financial reasons why ATHM could come tumbling off of its highs. But in reality, for every one of your negative arguments their are also positive reasons why it will not. It comes down to a your opinion my opinion 50/50 draw when you try to analyze it on those terms. You can't over analyze a stock like this or you will drive yourself crazy. First of all this is basically a net stock in sheep clothing, so that in itself should send up a red flag when trying to analyze the stock price or movement in a typical fashion. Secondly, nobody cares about the so called unknown risks that you speak about revealing to everyone, because obviously this stock has been trading on unknown everything from day one (earnings, customers, glitches, competition, etc..) and yet it still goes up. |
So I say with a stock like this one you need to KISS it. Keep It Simple Stupid(no offense). Simply put, ATHM is going up and will continue to go up because it is the next link in the chain for connection to the world wide web. It is very obvious that it is the leader in what will be the next standard. Everyone that I have spoken with or have seen, who tries ATHM says they will never go back to a standard phone modem. I am sure that this is not just a phenomenon with the people I know. I am sure that most will feel the same way. That is why they have an overwhelming amount of inquiries and sign ups going on all across the country. This is just the beginning of a new era in web history. AOL, YHOO, AMZN all took off for the exact same reasons. All had many unknowns and there wasn't an analyst on the planet that said they were good investments, but they all went up, up and away. ATHM is at today, where they were 3 years ago. So you two can analyze as much as you want, and dig up as much information as you want too, but neither one of you can change the fact this is a freight train waiting to devour any shorts in its path. While it will have its down days, I would only suggest you buy into the weakness. Sorry if this sounds to simplified for your elevated ego's, but sometimes common sense can be a very powerful opponent for a high IQ. Live and learn.
By the way Ainsworth, you are showing your ignorance when you make a statement about someone only having 100 shares and being up $1000. You don't always know whom you are speaking with or about, so you might want to keep foolish statements like that to a minimum.