SPIN
If looking from the chart, and the chart only. The picture looks overall positive, now there is a short-term pullback that could hit. That could easily take in back into the 1.50's and maybe the 1.40's. But if you were a believer in the fundies on this one, that would probably be and opportunity to reload. Not sure It gets much below $1.50 though as long as a negative fundamental event doesn't occurs, but that is true of any stock. Having said that I made a mistake on spin, at the very least of selling it in the .80's. Although I'm concerned still that at some point they will have to keep adding capital or cut down on growth, because of cash flow. I sold it at too low of a valuation. I will not be buying back anytime soon, as I have my concerns, and buying a stock back after you sold it and it doubles is generally not a time to buy. Doesn't mean spin can't go higher. But it is against my principles to buy something at double the price you sold it. So asking me about SPIN, is kind of probably a bad source of info. considering my track record with it at the veyr least. LOL. All is just my opinion, and I could always be wrong thought.
