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Thursday, February 04, 2010 1:50:27 AM
Consider this: Many people in this stock have a very high position (above .80) and would like to average down. (they will buy) And they will if this starts to move. And it has shown it can move in a hurry. Where do you want to be when it does? Have you noticed the volume has all but dried up at this price? Why? because no one wants to sell at these prices!!!! (check the L2) Yea it might be a gamble, but, if you put in a tight stop, (PLEASE always do that!!! My dad taught me the hard way about stops. Ten years ago he gained 200k on dell,intell and sun microsystems - and then let them fall to nothing thinking "tomorrow they will come back" sun killed his portfolio. And my inheiretence) Anyway, I digress, read my past posts, ignore the pumpers, manage your trade and at this price you will make money. GLTA
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