'Mikey', I AM Long here! I know this will indeed Dounce Back! ..What I do is Buy the initial chunk to lock-in, then I play around with monkey money to pick up some small change here and there, which does adds up!
As we all know, this company isn't like a PINK-SHEET, it's just getting a market spanking like all the other tons of good stocks throughout the market.
In fact, this stock shows a history that averaged in the mid $25 range for years! That's where it's at home! ..And it "WILL" be returning back "Home" in due time!
Right now, it's getting its "ASK" kicked!
but I expect it will be kicking "ASK" soon enough!
Now, as for the Stock you've mentioned, which averaged under $5 for over half a decade to then suddenly run to up over $20 in just last Thursday's market, I'm already holding a recent short position in that stock! Albeit Cautiously!
But today I've been looking at it for the best Covering price!
In understanding the Risks!, I don’t mind losing in stocks that died TRYING, but I DO mind losing in stocks that died LYING!
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