GREY:LGLTF - Post by User
Post by
TechTargeton Jul 14, 2015 9:21pm
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Post# 23924353
TechTarget LOY HOLD @ 7.5 to 8.0
TechTarget LOY HOLD @ 7.5 to 8.0This stock is inexpensive currently but the uncertainties remain very high. If you have a position, consider reducing your risks by selling at 8-8.5 if you can. The release of the lock up in the coming days might test the lows and might test the support at 6.5 If support is broken, there is no apparent floor.
Gauge your loss tolerance. This is a high speculative play and might become investment grade if the new management continues to execute and funding risks continue to decrease. LOY remains better than the average TSEV stock *at this price* (but that does not mean much at all!)
If you don't have a position or want to increase your position, Buy until 6.5 into the weakness if you like roller coasters but be ready to sell if it plummets a half penny lower than that. If we are not at the bottom, we are just on a ledge....
TechTarget LOY Position: Reduced by half based on better plays on the TSEV/TSE