RE:RE:RE:RE:Reality Check Please!Form001 wrote: Some analysts told to their big customers to get in the market before mid-June, if we have a deal with China, possibility to see S&P over 3000.
I'm guessing we at least hit the 38% Fib retracement (on the daily from Dec 24th to May 1st) of 2715 well before we hit 3000 considering we're in a full on downtrend on the daily and we came up way too fast on the last four month run.
We're also heading into the summer doldrums and the trade deal is likely to get worse rather than better IMO.
Fundamentally 48North is a total steal at these prices, but unfortunately they won't likely be immune to a full market pullback.
If the market pulls back like I think it will, I won't be the least bit surprised if we see below $.90.
This is all short term thoughts. Long term this stock price will be significantly higher IMO.