I'm sure glad I didn't....taking 25% off the top here to lock in some gains...will hold other 75%, and add back if this dips to $26 range again...
one would think.....this was trading at 2.37, on 11/12 prior to earnings...now 3 weeks later, it hit 1.23, a 52 week low today. After a 48% drop, you would think a slight rebound might be in order????
what's interesting is how most people hear are posting that the share price should be in the 2.50-3.00+ range. these lawsuits, most recently with apple last week, are currently pending lawsuits. they have not won them, and certainly are not guaranteed any monies from them without winning the suit.
jumping from $1.10-1.20 per share up over $2.00 was quite a breakout, and is really quite exaggerated .... when they start winning these suits, I can see the PPS into the $8-12 range, based on revenues, but right now I think settling back into the 1.50-1.90 range is more than warranted.
agreed .... I had to take some off the table, but am holding most here still. and once I sell, it jumps, that's always the rule with any stock I have....
Just sold a third of my position at 2.07 .... huge profits, which is great, but with the AH demand and surge, I wonder if I should have waited longer. Although being up 40% in one day, is a pretty strong day.
While it might still be undervalued, stock price is up 230% over the last 12 months. Not too shabby. I would cost average down from 8.60 at this level...GL