Uuughh...I sold my entire HGSI holdings (and part of LVS) to put into MNI. So far MNI has been like watching paint dry while HGSI is rocketing. I also chose this instead of AHC, so it kills me to check stock prices each day. What will be the catalyst to make this move? Anything before the next earnings announcement? Here's all I can think: 1) MNI completes a successful asset sale 2) Something positive about consumer spending comes out 3) Some institution buys in 4) Boston Globe gets sold for some huge valuation that changes sentiment towards the industry That's all I can think up. I'm normally not too overly concerned with timing, but I'm an options player on this.
This stock has already moved, from 40 cents to over $2 per share. Timing is everything. For the next year, this stock may go up 13 cents per week. $8.50 within 50 weeks. If you can't stand to watch it tick up, slowly, slowly, slowly, then maybe another stock with more action works better for you?