I suspect that if one states that the sky is going to fall long enough, eventually it may. In the case of STAU, saying that it is about to break out long enough, just may come to pass as prophecy! Now I'm not meaning to suggest that you believe the sky is falling, just examples of one extreme to the other. We're just excited right now and are enjoying that feeling. You get my drift!
Of course our having renewed expectations of financial reporting and all amongst the great goings on we see happening with the marketing and showing and representing of Star Nutrition products, one could possibly invoke a positive sentiment during these times of financial and social unrest. Just possibly.
As for the swinging a FREE RIDE, that just about has to be the best fun of all, right next to the eventual cashing in on a successful play. I think that while a 100% gain with STAU today is as being better to have a bird in the hand rather than in the bush, it may appear to some of us that of all times this is not the time to be abandoning leverage. Just a choice and nothing critical of the trader who plays it tight to the bone and makes money. I've lost playing it both ways. Problem is that you can't have it both ways at the same time. Leave it to me to either leave money on the table or hold and drop. LMAO
I certainly find no fault in securing earnings and in some way respect anyone who would sell today at 7 and walk away satisfied. I just have my GREED mindset on and am playing for much higher stakes and do not want to be flirting with the lovely young ticket agent while the train pulls away. Nope! No sir! I'm staying right by the tracks and will be sure to have my seat come hell or high water, win or loose, the whole cha cha............
................. THROUGH WIND AND RAIN AND WEATHER
FFF~ Happy to see your post but beg to differ with you bud...as evidenced by the chart below.
In the last 6mo as you mention, there has never been this kind of technical strength nor pps rise trend/hold of upper-end support. Mostly during that time until recently, the pps fluctuated not between .0002/.0007 regularly as you say, but .0002/.0004&5. Now the support has risen and one can see the change in what's going on with the pps relative to all key MAs as well. Big diff.
Also in that timeframe the company has never had this much traction in the marketplace so many things all seem to be coming together now, not then.
So feel free to make your own trading decisions as everyone should, but the fact is poster newinvest would be correct that a breakout is much more impending now than ever in the past (since the bottom bounce in late 2010). The chart proves this as does the info contained in iBox. 2011 has been a year of big strides for STAU imvho and the chart appears to be reflecting that new condition.
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