RE: AWEFUL QUIET NOW.....Yes, it is quiet, and may be for a while longer.
Folks, as I mentioned before, no stock can keep going up in a straight line. We have been in overbought territory for some weeks now. It is normal for things to quieten down when this happens.
We need a healthy pullback from here, and then get ready for the next stage up. We have more then trippled in price in a little over a month. That's very good in my books. Can we go higher? You betcha, but it is not uncommon for a stock to take a breather as many will take some profits off the table after a good run. This is par for the stock market, and those who put their money on the line. One should never get too greedy I say.
In any case, this company is in good shape, and has a number of very good prospects, and will do well going forward. In my opinion we need a good break here, and let the runner rest before the next leg of the run. Geez, even Microsoft and Google pauses at times. The karket has a way of humbling every company.
As for me, yes, I took some profits at .40 (after holding for a couple years - got most at .08 - .13), and count myself lucky. I feel bad for those who got in this one at higher prices that we are at now, but that's all part of the game I suppose. I know there are some who swear by buying and holding forever, but I learned my lesson the hard way on that one.
I will wait for a retracement to get back in. I will look for the technical indiactors to come back down to reasonable levels before buying back in. If I miss, I miss. There are many ducks in the pond. I did well with this one already. I have a feeling I will be back in though.
Good luck to all.
