Sold MY NHWM around $11 today avg. I think about $11.50-12 is the top. And although I'm very positive about the company longer run, I'm also aware I expect q2 to be in the .10-.15 range which is nothing great to look at and might send the stock back down into single digits so to me the risk/reward at current prices isn't that great, I was a buyer in the upper 8's but first the short-term I think the upside is limited in my opinion. So took my profits. All is just my opinion, and I could always be wrong though.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.