That's a wonderful sign that this thing is STILL undervalued, relative to the underlying turnaround.
I've sold a little, but still own fully 2% of the company, and FULLY expect the stock to see $3.00-3.45, over the next 1-3 months. Even more exciting: the roll out of NextRadio, combined with significant improvement in earnings results we've been seeing, could be a double-whammy that "catapaults" the stock price. $4-5 before the end of the year is not out of the question! Imho.
not really understanding why you would sell now. We haven't even seen the catalyst that we've been waitinf for yet. do you think you can buy back those shares at a lower price when we get a market correction?
the stock has DOUBLED from where it was a few months ago, at the lows. To peel off 5-10% of my peak position, which I have done, does not seem unreasonable. Even if it it going to $3+ in the relative near term. If, instead, we correct back to $2.50, I can buy more shares.
Once Wall St buys into the revenue stream continuing, this is easily a $10 per share stock. The cat is kind of out of the bag already so I'm shocked we have not moved upward more rapidly. This company is in way better shape than it was 5-7 years ago
Spike, consolidation spike, repeat.... I am personally looking for $4pps / $5pps. Once there, it's going to be interesting to see if it can hold and march forward. I am just optimistic in the new trend!