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Re: flying_trader post# 224

Thursday, 01/19/2017 11:31:30 AM

Thursday, January 19, 2017 11:31:30 AM

Post# of 757

If they did take the cash because they were desperate than this run up is soon going to head south...11 mil won't buy them much time if they are that bad off..



Perhaps you're correct on accumulating a larger holding. I will be interested in the filings and the next CC. I don't believe they were considering themselves to be that bad off and recently have done what they needed to get down the road until they could maximize their objectives with products, cost reductions and repositioning.

I am enjoying the action today. I have been selling on the rise; reducing my holding by 2/3 and am looking forward to re-entering as it dips back down. It will be difficult to drop my average cost per share, but I hope to have increased my previous holding level by 40% before I am done. I expect good things to come in the future
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