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  • jerrywang99 jerrywang99 Dec 6, 2010 11:20 AM Flag

    RT: Stocks Don't Go Straight Up Without Pull backs

    in general, I agree with your assessment. However, it's not easy to say when a stock is due for a pull-back, especially when the underlying value is so much higher.

    Just a few weeks ago, when the stock was at $1.40, this chat board was buzzing with predictions of pullbacks to $1.30 vs $1.20 vs a consolidation. None of the three proved correct as the stock just kept moving higher.

    Who knows what happens this time around, but I'm happy to stick it out.

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4.04May 3 3:49 PMEDT