RE: RE: RE: RE: As I had predictedBarnescliff,
I posted a little while ago about initially getting in at 94 cents. I subsequently bought some more at 86 and more today at 80 cents. I average slightly over 86 cents. I did previous look at this stock and bought short term position which I traded off quickly because I wasn't sure if I was near bottom or not. That trading was pretty much neutral because I initially lost some but then was fortunate to have bought the last time it dipped to the 70s and sold higher.
I am having a hard time deciding what the target is. It's going to depend how things shape up. I may well sell it at 1.30 if it looks (based on house positions, trading patterns, short positions, etc) to be the target of lots of trading and manipulation for a long time. I am a trader foremost at this point because I don't have millions of dollars to throw around and don't enjoy being at the whim of bigger market movers or traders. However, I have built up enough of a cash position that I can afford some longer terms holds and the risk/reward that comes with those. From this price point, YLO could well turn out to be such a longer term hold. That's going to depend on the news out of the company, financials, and the sentiment around the stock. I could entirely see this being 3 times what it's worth now a year from now but I'm not going to try and pull a number out of a hat because so many things can happen.
That's where I sit.
Mark