Sure enough! Also brings out the "should'ves" & the "could'ves". This has dropped enough that anyone sold out on a stop order can probably get back in quite a bit below their stop price. One of the disadvantages of a thinly traded stock.
The strategist in me keeps me looking at the STRONG uptrend channel over the past 6 months or so. Until that is violated, I'll have trouble selling a single share for a short term trade.
It's like a tactical vs. a strategic decision. As a longer term investor I'm inclined to look at the big picture more than the day to day stuff. On the other hand, just like in war you cannot afford to ignore the tactical. That's why we have Generals and Field Commanders. If you're sharp enough and have the time to spend, you can profit both ways. I've always felt in this type of situation that as soon as I sell, a big announcement happens, then I'm playing catch-up.
I heard about HYGS from a poster on another site. Bought at 21 in mid January. Wish I would have taken his advice in November when he first mentioned it at 16. It's now getting ready to turn 30. Among other things, they just received a $90 million dollar contract from an unnamed entity. They have VERY successful testing of their products from major users internationally, etc, etc.
Is it possible for the internal electric circuitry to power electric motors to power the wheels while on the ground or would the weight be prohibitive? Just throwing this out for discussion.
Gary & iamgarce, have you looked at HYGS? Worth a REALLY GOOD look (especially for those of us who love a good story). If you really want to get excited, look at their 6 month chart. It really looks like it's in its infancy despite the fact that it's having a nice run. Only 9 million shares with about a 6 milliion share float.
iamgarce, I am lucky enough to own both. Two great can't miss stories that have so far cost me a small fortune. I guess I drank enough of the Kool-Aid that I'm still hanging on and hoping for at least one of the two to work out. At least in Molycorp's case, the story is still solid with a growing demand for their products and their huge cash outlay is complete. REE prices worlwide are still too depressed to be profitable. With NES, the industry is booming, but NES can't seem to develop an adequate business plan to take advantage of it. Management continues to paint rosy pictures, yet misses on their own guidance quarter after quarter.
Thank you for some great info and the tip on signing up for Investor News. Piece of cake!
You call a couple of articles from Seeking Alpha "PROOF"??? I'm glad you're not my lawyer. Just sayin'...........