Yesterdat I took some profit but kept core holding. Why - I think there will be some consolidation might even go down to $1.15 (unless the big one hits) Can anyone give me a valid reason for getting back in just now? I will definately be back buying more and building the core position b4 the next cc. My due diligance is not turning up any sniff except for potential for the ad hocs sales we are seeing at the moment.
Oh by the way shorts do not need to reply as they are on ignore.
Unless you need the money for something why take the profit? You obviously believed in the stock at a lower price so what has changed? If a stock is working for you and this one obviously is then don't sell. I have cost myself thousands of dollars by selling way to early just to book a couple hundred dollars profit. Common mistake people make is selling the winners too early and holding on to the losers too long.
Any profit is good a profit But I doubt you'll see $1.15 again unless the markst crashes. The stock continues to stair step upward buildng a new floor each time. That type of movement is extremely bullish, and very rare. Something huge is brewing behind the scenes, maybe a buyout, or more likely those in the know see tremendous growth coming and are buying at every opurtunity. Notice that everytime CPST trades lower a few cents buyers quickly jump in and buy.
Not really with Uncle Sam getting his cut come tax time..all these mini trade profits will be lost to taxes...I hate to say it..comes from experience... anything to keep the little guy down...so I'm holding long term for the money shot..
the market won't have to crash. CPST is way overbought on hype and it will wane. if it doesn't reach $1.15 before the next CC, definitely after they announce they just lost 3.5 million when many longs are predicting a profit.
its coming, has to. they are a thorn in the side of the big boys, and with no real competition, cappy is prime. buy them out and go on with business as usual, or let them keep growing and take market share and then have to buyout at a much higher price. i really think its coming.