I'm not that anal, but I set a maximum entry price target. In this case it's $7.00. It's not iron clad to the penny, but I'm waiting on this stock to settle before I re-enter again. I think we see a little more volatility to the downside.
How much? If I knew, I'd be a billionaire.
Of course I'm talking to you Bruisersampson. You created the original post. Sfvip seems to be a non-biased trader. You however are an MM pumper.
If MM drops below $7.00 I will consider a re-entry point, but I'm not rushing to buy yet.
I agree. This stock keeps proving that the bottom has yet to be found. Takes two steps forward and three steps back sometimes.
This stock was in the high teens just months ago and you'd think if Wall Street bought into the growth hype that after recent earnings it would start a steady rise up.
Nope, it's dropping.
Ha, ha! You're such a liar and loser. When I posted that this stock could potentially drop to $5.50 when it fell to $6.00 you derided me.
Now the stock is at $7.22 and you're speculating it could drop anywhere in the $6's. You too see the potential for this stock to drop significantly lower.
What a hypocrite!!!!!!!!!!!!!!!!!!
Time has justified my potential speculative call was not outrageous and exposed your hypocrisy in making this post.
The S&P can't keep rising forever. Some correction is due because the market has been rising steadily for almost 9 months straight now.
Typing grammar horrible. Are we witnessing the first sign of a market correction and Is it about to happen tomorrow and next week?
I sold this morning at $6.14, but that might have been to soon. Is the correction we all expect is coming....coming?
Hmm, I might have to buy UVXY in After Hours.
However, I will look for a re-entry at $5.70 or less. The Feds are loaning so much free money that the big boys can buy or short at will.
Competition galore, secrecy in acquisitions and in-line guidance. Why buy?
Messagemike, you hit the nail on the head!!!!!!! They are making investments and not disclosing what it cost. Backwards, sneaky, manipulative, sly, not-trustworthy.
Basically, they are telling investors that they are too stupid to understand their genius and to "just trust them".
Wow! They sold millions of shares at $14.00 in a secondary offering not too many months ago and those buying suckers have lost 50% of their investment.
Yep, keep listening to Bruisersampson who is so deep in the red you'd think his portfolio was a prop in a horror movie.
You weren't clear. I thought you were referring to UVXY dips, not the overall market. That stated, I agree with you.
When the market starts to drop, the first drop will likely be swift and deep (200pts Dow, 25pts S&P??) and then a gradual decline for a couple months, maybe quicker..
Einstein, the dip happened for the past two days. Likely we had sellers of those dips earlier today into the bounce.
Bill Ackman has wealthy friends that will buy $10-$20 million to stop a free fall. That amount of money is peanuts for them. Especially when a return favor is expected for bigger money.
^^^^^ Exactly!! He may know that Wall Streets new Obamacare prosthetic pecker will be 5 inches longer to really stick it to the retail investor over the next several months.
$12.28 is resistance my a_s !! We won't know resistance level until next week. More downside risk here.
Wait and be patient. A better entry point is coming. It's $12.08 now at 2:28pm (est)