First let me say I have been long this stock for a few years. I made the mistake of getting my first shares on the last run about 2 yrs ago at 6.00... I bought successively after each qtrs misses listening to Moshe and thinking that the NEXT qtr would be good.
I bought more last month at 3.80 and 4.32. It has been a nice run and wonder if I am being greedy thinking click is going to go to 8.
Where are the big contracts that we are waiting for?
I would hate to have a run like this and a disappointment come earnings.
I think if you're in the green you'd be crazy not to take some profits off the table. The stock is extremely overbought both short and long term, and history shows that after every nice run like this, it tends to totally collapse. So, if you take half off the table, then if it keeps running you still make more money, and if it collapses then at least you can walk away with some profits rather than give it all up.
Agree..taken 50% off the table and putting 40% of that in taking initial position in EXTR..this stk for last 2 week showing good technicals with SOROS building position also ( this news just out yesterday )
I know how you feel. I got in around $4.50 or $5 before the run to $7 2 years ago and then rode it all the way back down to $1.80. I added shares all the way to $5 and shaved a little at around $6. Barring a catastrohe, I plan on standing pat through the rest of '09.
Regardless of the Q2 earnings results, Click has way to much long-term upside to be thinking about cashing in now. Taking a little off the top probably isn't a bad idea, but you don't want to be sitting on the sidelines if we get a buyout offer.
For some reason Click has yet to announce the major Telcoms they spoke of during the Q1 CC. They may be waiting for the Q2 call.
IMHO, the only disappointment would come if there is serious unrest in the middle east. It is a company located in Israel. A war of any scale could have a serious effect on the value of a company located there. That is the risk.