I guess I was wrong. However, until the fundamental story changes, I will hold and avoid paying taxes on my gain.
Sentiment: Strong Buy
The great thing about breaking through the resistance at 50 is that 50 will become the new support,which is a great thing if your entry point is under 50. There was some old shareholders who got in around 60 for sure, so there may be some resistance around 60 as retail investors who got in at the top bail when they can liquidate without recording a loss. However, I think there will be little resistance from here to 60.
Little selling pressure--maybe due to pre-earnings jitters, but has Criteo ever failed to beat expectations?
I am not an expert in this business, but will this French company benefit from the value of the dollar?
We are gradually getting higher highs and higher lows after pull backs. Again, I only regret that I don't own more Criteo because I am confident that this stock will hit triple digits within a year.
This down stock price has to be the result of some sort of manipulation. However, I think that it's going to take a book value of 20 bucks to move this stock.
Motley Fool continues to tout this stock. I just love the concept of this stock, particularly with it being on the cutting edge of internet advertising. This will be a $100.00 stock by December 31st.
Of all stocks in my portfolio, this stock seems poised for the greatest run up. Google seems to be losing some of its momentum and I think that Criteo can make very significant inroads in this space. I really see at least a double from here within the year. Some stock has to be the biggest mover of the year--why not Criteo?