I see the scalpers are catching small waves, how long until the real value is realized?
I'm in on this as much as I will be at 9.45, annoying as I timed it wrong. A flatline day is good to buy after a fierce sell off to really oversold levels. These things take time, I held SAM for 13 years, never even tried the stuff.
Why pay market prices when you can get something at a deep discount? The deeper the better. The heavy volume this week driving the stock down was due to fund managers and speculators looking to grab shares really cheap and then drive the prices up with positive news and what appears to be frenzied buying action in March. They can do that with small/mid caps, which is one reason you see so many price fluctuations in these smaller stock.
Pretty sure that you nailed on the head there, I just wish that I read the tape better on this one and traded out at the first bump which which was a 2% profit. The trend was down, I had no business thinking investment on a downward sliding stock. oh well, and now I wait for rationality.
No, I think the action is very good, it stopped selling off and volume contracted, this is what I should have waited for. Oh well, I made 100% in two months on this and jumped off at 15, that was good tape reading, as for the early purchase, that was bad tape reading. However I want to invest in the firm and not trade it.