InvestorsHub Logo

User-65225

05/10/20 12:01 PM

#125307 RE: User-65225 #125306

Lets also not forget that the company could be getting cheaper soon, thanks to a large private buyback at low prices, barely touching their cash position.

So many aspect working in its favor, we just need to blow out of this trading range and not let the short term flippers reload cheap... get em to chase higher.

When any stock first starts to breakout theres usually a spurt of selling from the people that accumulated cheap. Its the 2nd wave that usually sees a bigger pop, which we could begin this week... and i bet many of the people selling want to be in this when it makes its annual .01+ run, so they will chase if it shows its going to continue the uptrend.

There is more reason to be in this right now than not, the underlying fundamentals are improving faster than the valuation... and I have no doubt that Glenn has some meat for us: https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531276







Golden Cross

05/10/20 12:29 PM

#125310 RE: User-65225 #125306

I have never been a fan of the buyback, here or in any stock..