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Have you guys noticed the big gains in the past 2 days. I think December 4th they are gonna have a company meeting to decide if they are going to do a R/S. I rode this one from $1.80-2.35. Wish I had bought back in when it dropped back to $2.10 range.
This should be a nice day trading stock at the moment.
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I'm in at 1.74 since May. I also think it will go higher in the long term, but I'm thinking of trying to flip it? I usually hold long, but the gain in the past 2 days have been huge. We should see a pull back, but to what extend?
And the meeting is tonight.
-------------------- Good judgment comes from experience, and often experience comes from bad judgment.
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quote:Originally posted by Darkhawk: That's what I did, sold before the close at 2.77$. Can't go wrong with 59% profit. I'll look closely to come back in.
Great choice! I strongly agree with what you did. I expect it to move back down pretty fast. If you have paid attention in the last few weeks...it has shot up and hit $2.60 then crashed back down to $2.00 range and now it shot up to $2.81. I think investors will get spooked. I was! I took my profits and ran.
If they do a R/S....I'm not touching it PERIOD!!!
That is another reason I sold. Jumped in at $1.80 and sold at $2.43.
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