All the technicals and the fundamentals indicate (conservatively) that a move to the 12-14 range is in order. In viewing every indicator that I follow...this move is not a one week or few month change in momentum. People have finally found a GEM of a stock that has been shunned and overlooked for the past five years. It has a long enough base and strong institutional support to be a rocket! I am adding more of TA today even in the midst of such a strong move!
I agree, most of the negative comments are from people who apparently sold at lower prices. I remember when I sold on the last run up, I had some cognitive dissonance myself. And wanted to buy in at a lower price. Well I did after the last secondary. That was early but I did not get the full position and continued to add. Now I do not feel like selling on the first bump...... All I can say to those who did, is better luck next time!!
Mike, just remember the cycle of fear and greed. Six weeks ago you could buy all you wanted for $4.25. Today the stock is worth 70 percent more on no news. You at lease have to ask why? My main reason for investing here is the $12 book value. Maybe $12 is the right number. I have some calls in case we get there.