Behavioral finance ........How a GLUU shareholder feels ....?????
Psychologically speaking The latest move from GLUU speaks volumes. Over and over this stock has pulled back and fourth for many years going No where. In a hypnotic way Gluu put us all to sleep and those that got good at timing the ups and downs have done well. Many have Sold in the past few days as they were given a chance in the high $5's low $6's......They have been waiting for a little light and took it when it was offered. What they have done is made one of the biggest mistakes they could have ever done by selling GLUU to quickly. They will start to realize it even more when Gluu is approaching $7 by Lunch time tomm. I have been trading full time since the mid 90's and cant tell you how many times a stock did nothing for many years but move sideways ......Then all of sudden decides to double in a few days/weeks. I am NOT even bringing into the equation all the SHORTS that will panic BUY and send GLUU heading parabolic!! The CEO and management team are starting to see some massive fruits bearing from the GLUU tree. The smartest GLUU shareholders will buy as much as they can on Monday then shut off their computers and NOT look at GLUU until the next day after they report earnings. At that time you will look at the share price and fall out of your chair!!! PATIENCE........The hardest part to master as a true trader !!!!! Stay thirsty my friends