It's like traffic light, everybody is using it. Trend is your friend. Go with the flow. All you need is a little bit of patience. Once set in motion is in place there is no stopping.
Of course until it blows its loads. Until then party is on!
Insiders always sell stuff, as diversification. If that was any indication they would have sold before secondary announcement. Insiders are not traders. For them it is free money so they can sell at any price. Gap is nasty but its nit profit warning type of gap. Technically, secondary is investment
Gap between 22 and 18. I think it will eventually fill but it should hit top of after gap which is 18 first.
Dont be a smart pants jumping jack flash.
18 will be sooner than you think.
I won't say which direction, just don't call S.E.C.
Obvious, you don't care. It shows lol. Speaking of congrats.... 40% gain in 2 weeks of less than hard work. Not bad, huh? Something yoy will never have with your short temper. Dream on.. I am moving on without looking back.
You've been tested if you have guts to handle g force into the
tumultuous orbit journey. Weak ones are out of the picture now. Survivor of the fittest, here we come.
Good things don't happen lightening fast. Be patient. We will get there.
I like the way you reply to your own post. That should pass the first basic requirement for insanity.
Efoi will always stay volatile. If you can't take the heat get out of kitchen. It is good thing efoi closed green after big rally yesterday. It shook off weak ones. Now that negativity is out of the picture only have left is up from here.
UP, UP, UP, and away!
Since its recent fall this is first follow(higher than high) thru after previous days rally. All it takes is positive opening to trigger. I think we will get it. Double gigit gain is almost given.
Same logic as stock ascending without pull backs. All can agree rally without pullback is unhealthy. Because it can crash all at once. Majority of holders had no reason/fears to sell as stock only goes up. They exit all same time once table turns . That's what happened to EFOI. Shorts get complacent as they keep going down without going green. Shorts cover all at once at one point(it will happen soon). And majority of sideline money only jumps in when it turns steady green. So you will see pile on action to stocks that have steady fall without rally.
There are more than one way to skin a cat but in and out daytrading doesnt work for me. Too much emotion get involved. Bit if you can control why not. But position trade is the way to go!
From 29 to 11 there has been no meaningful rally w/follow up. This is a pressure rice cooker waiting to run fast and furious.
I thunk just because it went down 10% from top doesn't mean it is bear market. If it goes up rapidly, like efoi it can go down further.
I don't believe this long period of bull market ends without
vicious spike. Every bull market ends with violent peak that no
one can explain amid negative environment. We have not got to that. I havent seen crazy buying yet. Timing wise it could happen next year. I am looking forward to purchasing puts on index if that is about to happen.
What we need is little tap, nudge from the Nasdaq. Those who lost along the way will come back in once it shows green.
If you think bull market is over you are new to the market or depressingly pessimistic.
I covered my short on LPCN today, simply because my proceeds from it can be better spent on other stocks. I still believe bull market is not over. I wasn't way off when I said ski slope slide is ahead of LPCN 2 weeks ago.
Good L to all.