except that it makes for an excellent buying opportunity.
I had to take cramers mad money's advice and take some off the table because it doubled. It is a discipline thing and not that I think the price is to high.
Wow. I got completely suckered. LOL
Before you trade you have to understand if you own the stock because of its value or because of its momentum.If you own it because of momentum, you have to do the "hard trade" and go against the tide;If you own because of value, then you need the confidence to buy the dips and sell the rips.aa
I bailed at $4.50. Couldn't get my sell in on time on Friday.
Well, my first purchase now seems a little premature as the stock actually got to my secondary buying level and I added more there as well. I'm glad that I sold as much as I did last week (most of it) in the 5s and high 4s.aa