RE:RE:RE:RE:RE:Anyone worried about tomorrow?TrendSwapper wrote: I think the prospect of profit taking has everyone a bit concerned, and yes there is likely to be some. However, if the financials are anywhere near as good than they are being hyped to be (even by the CEO), we will gain substantial visibility and new investment this week, which may push the stock to a buck. I'm not going to be caught with my pants down, and will simply add to my position if we draw back a bit as I firmly believe this will be a 5 dollar stock in short order. Another thing to keep in mind is quarterly financials are going to be released in early Jan, which you will definately want to have a position for.
What separates this situation from normal profit taking after a good run is the realization by many that this is something different, something special that can be described as a once in a lifetime or generational type opportunity. Agreed, there will be some profit taking but I don't believe it will be typical as with other stocks. People can sense there's something bigger down the road and many are discarding normal trading behaviour knowing the payday will be much greater and they're prepared to wait it out.