Thursday, March 01, 2012 2:19:12 AM
and took profits.... lessons learned from years of playing the market.
this has just too much hype and touters rooting for this. Each and every time a new company has a product untested, the sales story begins... pumping the launch date... "get on board" they cry... "train is leaving..." but most of them will sell as you start buying in... they made their money.
if you think I am wrong... tell me this... if a product launches, how do you know it is making money for the shareholder? You don't.
Not until the financials come out 45 days after the end of the quarter. So how long do you wait?
Tomorrow the price might jump higher but it will fall hard as a lot will be taking the profits out as buyers come in...
Good luck to those who hold this... I will wait for the bottom again... and reassess it's worth. Wish you all the best.
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