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runncoach

12/12/18 2:15 PM

#7527 RE: Whoopddew #7526

Obviously a fund is being forced to liquidate position here before EOY. Looks like (my experienced guess) is they found buyers for their shares at 6 buck a couple weeks ago (good old days for us lol) and now at 4 bucks. Yes it feels like a kick to the groin but that is an disadvantage to low volume and float.

My personal stance is, and I've been calling a few friends and sharing, is that I don't see any way in this world you wouldn't make a double at minimum from 4 bucks at some point before results, likely by way sooner but at worst case some time in the spring. Even if one doesn't want to hold until results, who can turn away a nearly sure 5 dollar per share increase in such a shore time frame? People have to make their own risk tolerance decision. I'm rarely a stock chaser, but I felt like this was worth the risk/reward in the 7's so I certainly feel like its an even better gamble now.