Trying to pick tops in high beta momos is a road to ruin.Why not stick with stocks in DOWNTRENDS?In case you haven't noticed yet, ACAD is in an UPTREND.
<<<Trying to pick tops in high beta momos is a road to ruin>>>drops nearly $2 today from the exact double top touch @ $17 ...picking that top was easy .
if you're so confident in the current levels, buy more shares. I myself, will sell them short.
Could not have said it better myself. Parabolic rises inevitably meet waterfall sell-offs. Can't wait until the longs panic and sell. EPS = $0, Revs = $18MM, Market Cap = $500MM. Timber!
true, but there really is no reason for this uptrend to continue thought it mayas you can see mms just are banking on this and until the volume drops off, they wont let it settle to its fair value.gl on your position