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Friday, January 20, 2017 12:37:03 AM
Most analysts advocate for taking a profit, especially if the person has made a good percentage of their money. With these small cap stocks you and I both know that's easy to do.
And looking at the larger picture, I knew nothing in the way of PR was going to release before tomorrow. It's just not smart given that the inauguration would probably overshadow it and potentially stall the stock price.
So those flips probably proved to be advantageous for the trader in the short run. I did a few myself, hedging that I would be able to get back in with at least as many shares as I had. I realize I'm taking the chance of not getting back in. But I was willing to risk it.
After tomorrow, I think you'll see some stability in RSII.
I've been listening to market analysts and essentially the overall market experienced instability because of among other things the uncertainty of the next administration's policies. So the fact that RSII was effected is not surprising.
But those of us who want to stick around in the stock should all now get prepare ourselves for whatever place this PR announcement is going to take us. Hopefully, way up.
I joke that I want at least a dollar, but realistically in the short run, I would love to get a .01. Obviously, higher is better.
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