Predictions for tomorrow?Wow.. great day for all the longs!
What I loved most about today was that the stock didn't GAP up, instead, it trickled upward with tons of support. To me, this means a bunch of things. 1) This is definitely not a pump and dump, 2) The base is well packed and if you bought in early, you aren't risking much at all and 3) The ceiling to this stock is limitless!
However, as always, when there's a jump in share price over a short period of time, we always see a sell off. When will this happen? Who knows. All I know is that this sell off will drop the SP by 10% at the MOST, maybe back to the 90's. But a NR will drive the SP to.. wow.. I don't even want to say cause then I'll be labelled a pumper.
So, what are all your feelings tomorrow? I'd be honestly just as happy if this stock leveled out at $1 range- if it consolidates here.. we've got a winning lotto ticket.
This is what I'm thinking.. A few days ago, smart money accumulated which brought fourth this surge in price. They exchanged hands for profits and took in day traders. Now this stock probably has more day traders holding shares than it did a few days ago. I predict a drop in price (again, won't be big) before we continue upwards. I hope this stock doesn't gap up tomorrow but instead continues a slow but steady climb. This is a RIM in the making. Anyways, if this stock manages to consolidate at $1 or above, the big money from huge financial institutions will have it on radar. Not to mention, if a NR comes out regarding possible buyouts then we're all going to sh t ourselves in joy. In conclusion, as much as I want to flip this stock for pennies, its simply not worth missing out on a HALT that may come this week, next week or even in a months time. I'd feel like a total J-as.s if I flipped this for a 10% difference and got out before a halt which shot it up by 1000%. Anyways, GLTA longs!
The game will get tough from here on. MM's will try to shake, more clever bashers will appear and etc. Hold on tight and I suggest only reading posts from the guys you know who are trustworthy.
P.S
I love how Yvrogne was bashing this stock 2-3 days ago saying that it was a pump and dump etc etc and is now obsessively in love with it. I have you blocked on my main computer but can read your posts sometimes from a different one. Even though you are the biggest scumbag on this board, i still hope you've faired well.
GLTA PEACEE!