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Re: WaveSlaveDave post# 114718

Saturday, 09/05/2020 1:57:44 PM

Saturday, September 05, 2020 1:57:44 PM

Post# of 233145
I cannot give you the exact post(s) but I recall saying that the technicals were favorable and I bought shares at that time at a px of $3.50+/-.
I also posted when I sold those shares and the px I sold them at.
At the time I sold them the stock was Overbought and I garnered a nice gain. When a stock is Overbought, it's time to consider taking profits or risk losing them. I choose to take my profits and was satisfied.

The stock of course continued much higher and in my own words
I posted that it has become "Dangerously Overbought". It then collapsed in a very short time to a level below $3.00.
Because it dropped so much in so short a time I stepped to the sidelines.
I do own some small am't of shares now which I bought with some of my profits. I'm about even with them. I'm not about to take any further risk with this company and will sell at the appropriate time.
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