So gambling on the "come" trumps all TA strategies? Haha... Ever heard of Efficient Market Hypothesis?
Most earth shattering announcements are telegraphed on the chart (if you know what your looking for). The R-It announcement results were.
If an acquisition is imminent traders will be the first to push prices up in anticipation.
I'm entertained by those who proudly declare they are a fundamental investor. Yet, ironically, they are bag holders because they failed to act on those fundamental AMRN metrics - which suck! I've not read one post on this board over the past ten years that stated, "I got stopped out, metrics are too poor to get back in." Why is it that fundamental investors don't employ an exit strategy?
AMRN is not an attractive fundamental investment. .. unless you are simply swinging for the fence for that "trump all" moment in time. Anyone who says otherwise is a delusional gambler.
For their sake and yours, I hope this dormant volcano blows once again ...
I'll be the first to congratulate you.
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