RE: The strategy from hereI must have missed his buy back posting LOL. Two days prior, he was still saying it would drop below $5 so perhaps he wasn't going to heed his own advice and figured the jv would come and he would miss the boat. Every player has their own goals and strategy for each stock they buy. To play WED (one who is not a long buy and hold position), I think it would be prudent to only trade a portion of one's holdings at any given time. To buy and sell the entire holding would be a risky venture leaving the investor with an empty bag if this stock takes off with a jv. I bought in pre-$3 territory and doubt this will ever come back to that unless the technology is a flop. $5 buy-in pricing should be very good and for those predicting $8+ in 3 months time.
On a side note, these BB are good for general reading and we should try to keep the comments light and the personal slagging to a minimum. I enjoy reading useful comments and even the price guessing for year end predictions is good fun. Most of you guys are all good regardless of how one plays or sees an outcome. I have only found one cry baby (actually two but he is same person using a different handle) who I have in the iggy box to avoid his useless rhetorical posts. All stocks have good days and pull backs and it is unwise to expect otherwise. I am in WED to see it at $100+ someday (call me a dreamer) but I do plan to buy and sell on the way up.