RE: RE: RE: delayed or not...I am also looking to average down by selling some of my position (@ 2.36 & 2.67 ~ 60% of my overall position) and looking to see if it will drop below $2 again.
Why i keep hesitating is because
1) Its CUU.. not your typical stock.. i have 95% of holdings in CUU
2) We already know its bound to go wayyyyy higher than $3-4 whenever it does go up that's.
3) Not sure i would wanna take a risk of selling portion of my holdings just so i can average down 5-10 cents..
Someone on stockhouse did advise me (credible poster can't say who)...
did advise me to hold on until the next pop and sell some of the holdings and buy back on the dip.
"As bcsilver mentioned the bottom potential for the symmetrical triangleis 1.50. I would have cash handy... if RE isnt mind-blowing I expectfor the stock to fall to 1.97, then possibly 1.81, then 1.50. I woulddip my toe in the water at each of these price points and avg costs.Even if RE is very positive (caveat is I have no idea what RE will show,I'm just talking strickly TA here) upside for the symmetrical triangleis 2.70, if youre interested in a swing trade I would sell a little whenthe sp approaches 2.70, around the 2.60-2.65 range. There will beothers that take profits and move on to another stock. If you're longfor the buyout, put your gains back in a week before BFS."just sharing some info. Hope this helps as it helped me plan out my next moves.