Outrageous prognosication about the future of GLW?If we can break 10 cents on volume, then I think we can move to 12.5 cents even without news about the option. Gold prices look set to move significantly higher with all the upheaval in Europe, and it would not surprise me to see $1400 gold by the end of February and $1600 by the end of June 2015.
Strength on the chart begets more strength. It's a self fulfilling prophecy.
Now, if we are fortunate and the arbitration is ruled upon if favour of GLW, then we can expect a similar performance on our chart just as EOM has done recently. Now, wouldn't that be nice?
I wish I would've bought more when the stock was lower, but it is still early and these prices are very cheap relative to the cash and the instrinsic potential of the Vetas mine.
Maybe this is not so outrageous after all, and a fundamentally sound investment choice. RH would probably agree with me, but I have not spoken to him personally, but his insider purchases speak volumes for themselves.
JMHO
DOC