Nice charts Demian, thanks for posting those. Starting to "chart wise" come together isnt it. :)
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Nice charts Demian, thanks for posting those. Starting to "chart wise" come together isnt it. :)
Relmor I posted this earlier but you were likely on your phone call (thanks by the way for trying!)
Any thoughts about what I just did...
Relmor what's your honest opinion about this strategy:
Just sold 1/5 of my total core plus speculative position at .4195 and still hold all of my original shares that make up my core. I'm thinking I can buy back in lower and cheaper for that 1/5 back or maybe just some of it or if it does not go lower then who cares I'll ride it on up with everyone else... first time selling anything in a LONG time and feels like I just cheated on my wife
Not 100 percent sure right this second, but you may have just sold in no mans land. Well see.... Im not selling here personally.
Definately wouldnt touch your core. Did you sell your spec shares for a profit? CANT GO BROKE TAKING A PROFIT!!!. Old stock market addage(spelling) that might make you feel better if it turns out you cant buy back lower. Who cares, you play the next range. Keep alert!! DYODD. All IMVHO.
Thanks. Oh of course I made a profit... my speculative lot from a month ago. Made a good 80%. still have all of core but my break even point obviously just went up a bit with my sell. I may buy back asap... i'm just confused if I should lock in profits or average down... tough one but thanks again
Average down? Kind of hard to do on 2 up days in a row my man. Your selling into the up, or holding shares should be the question. You can AVERAGE UP today, hehehe..
As you saw by selling shares. If it goes back under .40 cents, I dont think theres a soul alive who can tell you that honestly by friend. Too soon over .40 still.
Yes, when to bank profits is a great problem to consider. Better than worrying when and how much to average down. Peoples problems from now on should be, when do I sell, and do I rebuy? etc.... Hopefully everyone is already averaged down to a comfort level, and are fully loaded with shares, as I recommended.
TA wise, Demian makes a strong case. I would consider his advice as good as it gets for now.
That is it isnt it. I have averaged down where I am pure profit now for awhile.
My original plan was to take out original investment at some point and let the rest ride for at least a year before I start thinking of taking profits on that portion.
I took a little off already for wife placation. But I was trying to hold out on the rest of the initial investment. I am slowly breaking down. But not yet:) This stock makes you crazy.
I originally felt that we were going to be stuck under .39(edited because I think it was really .33) until 1Q. I had my ambitions checked. But When it flew above .40 the first time I got too excited and now am disappointed. I am still waiting for .60+ to take the initial out but not sure I am going to make it.
I'm a complete newb when it comes to trading but am I right in seeing that the resistance at .42 is breaking down right now?
[QUOTE=Demian;29267]Ok, I have been gone so far this week.....I have come back to celebrate breaking .40!
I have also been working on my wedding plans.....marrying a Russian gymnast is more complicated than I thought.
Ya, trying marrying 3 all in the same week dude, rough I tell ya, I feel like a pretzel
Why does this Intraday Thread still say yesterdays date again? I was thinking it was Wednesday all day today.......
I here you Air. I placed a 60 day sell at .42 on half my shares a few weeks back. Went through this afternoon. It was 50% of my shares and almost covered my total investment in the stock. Now it's mostly free shares. My plan was to unload at .42 and hold the rest until 1Q. If it's bad news that results in a siginificant drop, consider rebuying to add more. If good news and it takes off, consider next sale point or possibly rebuying at that point. My problem now is what to do if it hits .50 before 1Q. That would put me in the 100% profit range and even if it's mostly a psychological milestone (some argument could be had there) it's hard to ignore the impulse to sale. Those cats averaged down to .13 or so are killing me. If I would have listened when the boys were screaming buy at .06 I would be one. Instead, I put on a dress and hid in a closet sucking my thumb while the world was coming to an end.:o
I'm still looking for a spike up into the close and maintaining my .43 close prediction......about a half hour to go now.
:) I am one of those cats. My balls grew to the size of watermelons and it was hard to walk for a little while while I was worried about them getting cut off.
Whereas I was dabbling when I bought in at $2.80 and $1.30 during the slide. Was stupid not to have stops. I waited and poured in the rest of my spec stash at .11 .06( had a buy in at .04 that missed) got my av down to .116 bought a little more higher that put me overall at .125.
Sometimes I feel that maybe greed is taking over and not letting me take the profits but I had a plan and I am trying to stick to it. You know ...better to have a plan than to wander aimlessly. Sometimes it is good to change the plan but I know the minute I do. I miss the big upside. Yep I guess that is greed coming through.
But I really really really feel this thing is still so undervalued. Just dont get why it doesnt correct better/faster. Is it because of the overall market? I still think it should have corrected higher. Is there still downside? even with poor Q1 I think it is undervalued. So here I stay.
I originally thought it would stay down through Q1 as the shorts kept it down slowly slowly covering. Then I thought they paniced when it shot above .40. Maybe they gained control and this is happening. But now I wonder why there are just no buyers outside of shorts.
with 10 min to go I'm guessing the mm push us past .42 on close at 4:00:06 if not probably be at .416
2 min left and MACD and RSI are not in our favor :(
uh oh. Looks like they have other ideas. Need more shares after all those sales at .41/.42 today. AH may be interesting.