It may not be funny to you but it is to me.
Yes I do know it's an avg supposedly from all analysts, but I place no value on analyst's who usually overinflate stock prices for their own agenda's.
To be honest, the only way I see this hitting 18-19 in the next year is with a buyout.
I'm long ! but not that long.
I sold half my position at 13.40 and have doubled down since then.
But that was months ago and we ain't no where near that level going into the home stretch.
You didn't need Still dung to tell you what to do back then, did you?
At this price level both shorts and longs are liking a pull back to 10 so they can cover or add to their positions.
And with funds looking to add here in the home stretch, good luck waiting for a pull back.
Of course , trading some around a core position can't hurt, but selling all in hopes of a pull back is reckless at this time. JMO!
The tell was in saying he sold all and waiting for a pull back.
We add on pull backs.
So it won't happen to any large degree.
Unless you're a daytrader, a pull back is not to be expected.
This is not the time to play the game for pennies.
All it would take is some news like a partner or large future order, or even a buyout and you will be left in the dust.
It has happened before.
Usually followed by a run back up and then the down cycle and sharp drop.
But not always.
I say allot depends on overall market moves and whether big money decides this has run up to much.
If we get a 5% market correction this week, look out.
Personally I'm looking for a sell off of 1.00 or more to make my move.
Will come sooner or later.
But from what price point, I don't know.