RE:RE:RE:RE:LibTexadaTimewarp wrote: Ovechkin wrote: I missed the boat - I have 18K on the sidelines is it too late :'(
wait for volume to drop, without good news to think it will stay at these levels is ridiculous. Everybody here pumping it saying its going to .20( which it certainly could) will be the ones selling off when it does. Dont forget you need to create support levels as your climb. More people then not are sitting on a double bagger already and will be selling. LIB had support at .08, then had a little run and found support around .11. Maybe new support will be around .135-.14 . Stocks dont keep going up without material news. And even then every run has its fall. Enjoy the run. Make money. Buy back cheaper. Guaranteed this is what will happen. (MMJ MYM LG UMB PUF) this is no different
You make a very valid point Tex but of all these companies I think this one will flow like MYM charts . It broke out from .05 though this is breaking out from .09 the volume was low @.08 . Go look at that chart . After the jump from .05 to .12 then.12 to .20 it consolidated in the .20's then broke out to .45 where will sold some because I thought the run was done . Opened the next day in the .70 's so be careful with assuming where this will pull back too .