You don't know. None of you know. I say that with certainty. The market is going down. It might change direction. SODA might make a major partnership agreement at any moment, or not for days, weeks , months. Jim Cramer and the rest at CNBC might say good things or not.
So, none of us knows what is likely to happen the rest of today, tomorrow or next week. However, you do know what you have known and what yesterday's numbers validated, that the likely direction over any extended period is probably up.
If you make your decisions based on "good entry points" and other trading vernacular (haven't used that word for years) you are just a stock trader. If you buy based on fundamentals you are an investor.
So, take your best shot at calling bottoms and tops if you want.
U r correct, nobody knows for sure but i made a lot of money on this the last 3 mths and will not give it back. If soda traded like a normal stock i would feel comfortable holding it but it is highly manipulated.....
SODA is just too hard unless it is really undervalued like it was last summer and even then they beat it to pulp.
i still think we got one more run ahead of us before the summer comes but i am looking to get in lower at this point and catch a pop into next quarter ER and then im pretty much done with it till next november......