update on $SOUN. I mentioned I bought some at $6.56 on 11/14. I'm up currently about 39% at the moment (it has pulled back a bit today). Annual high is $10.25. Is there any reason to believe it will or will not rise above this? It still isn't profitable and as I've said many times over the years, I like my stocks to have earnings.
The problems with these somewhat gambles are that I'm not going to buy enough to care one way or another, although, this one fell into the category of in between. I bought 9000 shares. So, do I sell off a third or half, which would be the common sense thing to do? I can't believe I've put myself into a situation this year that taxes from gains will be brutal, and I don't have losses to match. So, I think I'll keep fingers crossed until January.
Who is this company's competition?
Just my opinion, of course.