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Re: CDut1 post# 176

Wednesday, 01/22/2014 4:07:44 PM

Wednesday, January 22, 2014 4:07:44 PM

Post# of 8921
I'm not overly concerned about restricted shares getting sold in volume. I think the bigger issue is that it's pretty fully priced here, combined with what I think are a lot of short term traders are in this on momentum and of them using incorrect O/S information. It's low liquidity means it could fall a lot and quickly just on a change in momentum or people who bought on bad information rethink their position.

Real money will sit this out until it settles out and liquidity improves.

I just think the risk reward at these levels say take you money and buy back 30% or more lower if you can. S/T moves up from here are more along greater fool trading. You might come out okay and you might get slaughtered.

On email blast, nothing specific but you don't open up like we did today unless it happened.
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Total Trades:
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  • 1M
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  • 6M
  • 1Y
  • 5Y
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