Just sold another stock, got some $$ to trade/invest- or both. Like the fundamentals here. Anybody buying over $9, or recommend I keep my powder dry until it dips down near $8? Kicking myself for not buying SEED after it started running. Tx.
...there is no telling how this stock will behave...it is being played right now by the insiders and the shorts, which might make it difficult to sustain any type of upward momentum...I don't think you can get hurt by scaling into a position, but I would definitely keep some powder dry...personally, I would not put on a full position...
...the main issue, as always is "are you day trading or holding for the longer-term?"....12 months out, imho, the stock will probably be considerably higher than it's current price....DO YOUR OWN DD!...happy hunting...cool
Tx for the feedback. Chinese stocks are crazy, that's why I like to trade them. I'm thinking we could get also get some serious selling come 1/2/10, as investors take profits and defer some tax payments until 2011. What else you trading? I like BRCD here as well as VVUS.