I like it. I like it a lot. Mix in the bank charter news and the hype about the super bowl...would love to see this to 35 at the start of next year.
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So far so good. Enjoy the end of the consolidation phase in the teens. I'm looking forward to the consolidation phase in the 20s once everyone starts talking about its 50$ price points, super bowl, bank charter, and rumors of being taken over by a company like Paypal.
I did not anticipate the sell off nonsense, but I think our consolidation period is following as expected. Great opportunities to increase position.
Dr-Dan
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A lawyer from the company confirms that there is a lock-up period that has an ending period two days after earnings. Now that we have seen a run-up to earnings, I expect a small retracement as some employees and investors are going to be able to sell shares. I think we have established a floor on this run-up. I think it will be a slow rise after this period, and no big take-off like others are suggesting. Order books have lots of selling resistance at around 18$, so I've written some short-term covered calls. Good luck all.