Sold my trading shares at $3.57 (after buying at $3.31 last week) and felt like a genious. For 10 minutes. Now feel like a shmuck.
Anyway, the core position is intact and reinforced with 200 $5 contracts. The chart setup is screaming for a major break to the upside if we close above $4. There are 2 monster cup and handles and we are going to break out of both of them.
And if there is any GG hype - who knows how high it might go.
Good luck to all of us. Especially to emanscam . Hope he is shorting more as we speak.
shareholder mtg. ny 10am and sids this weekend,,,,,put some eyeballs on our new products and hear our
admiral wax poetic about BRIGHTNESS, COLOR GAMUT, MILITARY CONTRACT
and perhaps seeing and hearing will result in a move back to 4 early next week?
If it comes down to $3.5 area, I might. I am fully loaded on this stock. Won't be buying anymore. I got burned several times when I was averaging up. Looks like $4 close is in the cards. I would expect a quick run to $7-8 area based solely on TA. After that - depends.
I don't know many stocks that have a sexy tech that is not hyped up yet, grow revenues and earnings and trade at a modest p/e. At $3.20 this was as safest bet with potential high return I ever remember. So all in.