InvestorsHub Logo

SurfinNj

04/02/11 5:58 PM

#806 RE: woodstock135 #802

woodstock.......... as I said before, I think this is probably a very good long-term hold..... So, if you hold in the short term, you should be fine.... but, that's not what you asked- you said you wanted to trade it..... so....it's a tricky call- but my gut feeling, is it will sell off more monday.... Very big spike Thurs ... Fri- spiked up at the open- started selling off by 9:45... closed a little higher than the day's low... so, it seems that the sentiment was to take some profit.... It could trade sideways a couple days, but I think it will still pull back- This is in the absence of any news, of course.... Even if you sell some, and it keeps moving up, you're still good right? If it pulls back to .20-.25 level, you'll probably have lots of opportunity to pick up more shares.....imo