11-28-2012, 08:41 AM
I think realism is setting in regarding deal pricing and PPS reaction to it. I happen to agree with you CAC. I think the move to $99 was orchestrated by shorts. They have made FAR more money going back down than they lost on the rise. It was a 1 day event going up. I agree with your more muted PPS projection. Ultimately those that hang until revenue generation (assuming things proceed smoothly) will be rewarded with a higher PPS. But thats a long way off.
Disclosure : Long but sobering up and more realistic
Disclosure : Long but sobering up and more realistic
