Actually Ping. I'm perfectly relaxed and chilled. Let me explain one last time, since you said you agree.
As I said, it would have been remiss if some official of LUX would not have congratulated and praised a local company for a job well done.
And it would have been also fine if YD had brought it to our attention, as he did. But to add that because of this 'thank you' it means 'you know we are onto something good!' is going over the top. It means no such thing.
We've seen already in past posts that people have been buying on hype, from having read something on HC. Some folk. and probably deservedly, buy on hype without doing DD. To these peopleI was pointing out not to get excited by that fact. The 'thank you' meant NOTHING.
I know everyone is excited by the launch. I know I am. But as to what the SP will do from here, I haven't a clue. I can't recall a similar situation. YD has been STATING that the SP must rise because of less risk now. This together with the his superfluous remark above, made me point out for newbies, not to get excited and do your DD before you buy or sell next week.
Now, just as a point of clarity, I will say how I see the SP over the next 3 months or so. PLEASE, This just as some form of balance. Do your own DD.
KSS have pointed out there are about 10 checks and balances over the next 3 months or so before they will be ready to acquire sufficient data for resale. Each of these 10 or so checks may cause a spike and fall, possibly in a shallow rising fashion for the first half and then a stall and probably a decline in the last half as news of checks become more spaced. The hard part to know is the immediate reaction. Will it be sell the fact, as we have had a substantial rise, or will it be buy on derisk as YD suggests. Overall under these conditions I see a pennant forming in the charts. However, this is all noise. The real rises in the next few weeks will be any new contracts, if, and when they come.
And BTW, I post this because I know of at least 2 people who have bought in on my recommendation, and to these couple of folk, and anyone else interested, this is my view.
Never fall in love with a stock, particularly a speculative one.
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