Perspective pleaseBored?
Don't be.
This stock didn't even close above $1.90 once in the three weeks between December 8th and
December 28th.
It made a new year-high yesterday, it's up 40% since its close a month ago today, and it's holding its gains terrifically.
It couldn't be doing better.
Why anyone would sell this is beyond me.
If they own several stocks, they're selling their strongest one.
People shoot themselves in the foot because while they're quick to take profits, they're reluctant to take losses.
They sell a stock because they've made a quick profit, and then pat themselves on the back for having "won" in the market.
They don't take losses because they figure a loss isn't a loss until they sell.
They end up selling all their winners and are left with a portfolio of their losers.
There's a big contingent out there of people who will live to rue the day they sold Exro.
They'll reflect on it and decide that it ranks up there amongst their worst decisions.