Putting everything into third tier companies---BIG MISTAKE!!! This stock can turn on a dime, third tier companies crash down, and the longs that sold have lost their positions in the leader, bagholders for pump and dump momentum players. More experienced investors know what I'm talking about. Mama
Seriously Mama, the whole sector is pump and dump. No one knows who the real companies are and what they do. Look at what happened to CDCY today when they announced that they had to guide lower. I thought they were a real company and was so close to buying at $16.2 last week, ouch! Of course, I missed TBUS at $6.55 but it's up on pure speculation today. Everyone is looking for the next TASR, RIMM, NFLX, NTES etc. of last year. A few will succeed, but the majority will fall back.
put your money where you mouth is and BUY tomorow then. I will be... I have 1/3 of my original investment and plan to recap the other 2/3rds on this pullback - the float is too LOW and you are right -this company is a LEADER in this sector -