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leemalone2k3

08/26/14 11:56 AM

#22984 RE: RJ Trotts #22983

This consolidation is healthy. All stocks need to rest after a big move. I would feel more comfortable to the upside if it consolidated on higher volume, but this is typically a very low volume stock.
Up would be great, but if it drops then it's a buying opportunity. Either way, anyone that bought at the recent lows would be in good shape if they took profits by selling some on this last run up. You may not make as much as holding it all, but this lowers the cost of any remaining shares and takes the concern of a pullback out of the equation. I look forward to either scenario.