NTG Clarity Networks Inc V.NCI

Just sold half my trading position at 1.49 !

[Sherif]

Awaiting the margin revision. 
At 24% or higher, the stock price will fly. I will then try to buy back, maybe at 1.52.
At 22% or less, people may get disappointed. I will then try to buy back at 1.26.

Good luck to all!

[Sherif]

Because of the wall of sellers at 1.50, I sold my other half of my trading position, again at 1.49. Good luck to all !

[Majeure]

I very much disagree... we shouldn't expect margins over 20... the revision will livery likely be sub 20. What we are hoping for is 15 or better imo.  The companies current margins are coming in around 20 which is double their own expectations. I highly doubt the market thinks they will revise higher than 20.... except maybe that one guy with a 5 dollar target lol.  But even at 15

[mlmack66]

Chipping away at $1.50 wall,  jump to $1.57 if it breaks.

[Sherif]

True. But no large buyers. Only at 1.25 and below. 

[mlmack66]

And $1.50 is busted bid $1.54, ask $1.57 as predicted. Hope you bought back.

[Sherif]

I did not. Kind of regret to have sold. This stock amazes me.

[mlmack66]

My very lowest target on this stock is $2.50, 10*E, since thos is at my max 10% of my total portfolio, I sell 10% of my stock when it goes up 10% . Sold a portion at $1.56 today.

[Sherif]

Congratulations.  I find your way of trading very rational. 

[Abito]

Never a bad idea to lock in profits on the way up. 

[mlmack66]

Repurchased the lot  I sold at $1.56 for $1.40 for a quick 10% gain. Raised my target to $2.65.