RE:RE:RE:RE:RE:RE:RE:markets are irrational right nowPruneFace wrote:
I prefer to view myself as being realistic as opposed to either optimistic or pessimistic. Objective rather than subjective. And not everyone is overly positive. Take a look at some of the more recent posts here. The SP could go up from here or down, you're correct there. Since it seems to be successfully (for now at least) testing the support level of the trading range of the last number of months, picking away at these levels makes sense. Buy at the low end, sell at the high. I too believe it will go higher than it is right now, but, like Bdog and a couple of others, I'm apprehensive. "Good" news has not resulted in any sort of breakout past resistance to new levels, but one bad NR, a recall perhaps, failure to deliver, bad financials, whatever, and because the shares are essentially overvalued based on what the current company status is, could result in a significant pullback. Yes, I may not make as much as some here who 'just keep buying' but, worst case, I won't get burned as badly either. Good luck to you.
My mistake. I just haven't seen you say anything realistic so I assumed you were just naturally a negative person. Realistic is knowing a great quarter coming up and share price trading sideways for a little under a year waiting for it. Take a look at technicals you would see an anticipating breakout last quarter which unfortunately did not happen. This quarter is going to be much better, it's all obvious to me. To each their own, best of luck.