Don't Get too excited. Be safe. Put stop limits on all shares
Earnings isn't for another month. This thing is going to chop around for a while. You have to be really ignorant to think $4 or $6 is not a possibility. Their is no reason for a sell off to 4.80s like last week or a pop today. Analyst day is completely meaningless. This is all volume related trading you are witnessing. Play it safe. Make some money. PIGs get slaughtered.
apostle- I'm long and plan to stay that way but I do appreciate your input.
I think you've become guilty by association with another shorter, byeingmore. He's an idiot. But here you are sharing some fair points & good-intentioned recommendations for all and you get knocked for it. On a heavily shorted stock like Velti, it's pure ignorance to imagine a month without a dip... or a big climb as you pointed out too.
Personally, I think it's pretty lame for some of these people to be giving you #$%$. If you want to help others make an extra couple hundred/thousand in a month they should be thanking you whether or not they follow your advice
aus_res is a long and complete POS. He thinks he can hold to $10 and I personally do not see it. He offers no advice just a /dumb or /laugh when all he has is a /loss.
Velti has a LONG battle to reprove themselves after Q3 results. I keep saying I am not short or long in this. I trade both ends (when i can short). This is and always has been a trading stock. I've played the $5 level all month now...I may miss a big gap up but I also miss the big gap down. Are we at $5.70 today? Volume is strong...why no $6.00? Because the shorts have the float!