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Re: Mr Wowza post# 3612

Wednesday, 02/27/2013 8:07:35 AM

Wednesday, February 27, 2013 8:07:35 AM

Post# of 46632
For those of you looking for a good entry or addition point (and I'll be one of them tomorrow, trying to add), two items of information may be helpful:

1. The low float which is being bought up fast is in the hands of many people unwilling to sell. Therefore, though this stock may undergo some pullbacks, my guess is they will be few and far between. I think the closest thing we'll see to a pullback or a "dip" is a plateau, with maybe a 2-3 cent drop, due to lower volume. If no one sells then the share price won't dip much.

2. The event upon which shareholders have fixed their gaze is yet 4 months away (Markman hearing, June 27). Therefore, very little will get them riled up between now and then. Patience in holding until June 27 appears to be a general consensus, so, again, this will hamper the likelihood of major dips.

The take-away?
1. Buy the dips as small as they may be.
2. Buy the plateau's.
Volume:
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  • 5Y
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