Guru, the chart looks great. MPW should make it back to previous highs. On both the fundamental and technical side, there looks to be clear sailing -- but it could take some time. Of course, the flip side is if they mess up by overpaying for an acquisition or if the overall market should suffer a set back. Sometimes when everything else seems to be going straight up, you have to remind yourself to be patient. I've owned MPW for a little less than a year and GPT for a little over a year and both are moving up slowly, but both have more than respectable returns. Now I hope that I haven't jinxed it.
guru...you are to good of an investor to jinx anything...that said, I am now getting very worried as I am hitting new all time highs everyday and it is looking to easy (and it is never easy)...high yield investing is not suppose to reap strong capital gains and I hitting both (high yields and strong capital gains)...at this time, every stock I have except PSEC is running hot...
That said, I predicted that corn prices would be about $6.00 a bu. by August...and now it looks like I am 'very wrong' as corn prices keep falling...my current corn crop looks great but I am a bit concerned about 'to much
rain' and there is another big rain storm coming (it is on radar now)...I feel there may 'another big storm coming' that is not on the financial radar (???)...! $tagg...!
I am not getting worried but concerned. It can't keep going up like this forever. That being said I took a starter position in TICC at 9.64 yesterday. The chart looks very predictable and it is at the low end currently.
I am having a great year so far and keep hitting new highs also. I have also been successful in keeping the wife away from it.
I am trying to keep her RSI low and below her 100 day moving average.