It will be at .05 very soon. In fact .10 will come quicker than most realize. This is how I see it playing out. We will be in an uptrend all the way into April and then I predict the company announces M&A around that time. They are setting up this run knowing they'll close on a deal.
All of the ingredients are there you just have to read between the lines.
As far as 'longs' yes there are wannabe longs. Most stocks have these 'semi-long' investor.
I call them fair weather investors. They bash when it's in a downtrend and pump when it's on an uptrend.
You can always tell who is long and who isn't.
It's not a right or wrong thing it's just part of the marketplace.
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