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Thursday, December 26, 2013 12:10:31 PM
My philosophy is not to look at overpaying pennies...because of a possible pullback and "coulda woulda" got for less...
But with a hot stock, I look at the upside realistic potential (esp with xxii) and if we are going to $10...the .10-15 doesnt really mean squat...
It might annoy you if it dips...but 3 months from now at $10 you will forget about the pennies...
Waiting for a pullback will keep you out much longer than you would wish...so if you are so sure of a pullback coming by in 1/4ths now...for the next 4 weeks...
but you will probably be more annoyed...still a bullish bias IMHO
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