Bravo Goodspeed. It takes buyers and sellers to make a market. If today's sellers made a tidy profit, that is wonderful. They served their purpose and deserve their reward for taking a chance during the most risky times. I am a new investor and I don't see the present opportunity as taking a chance as much as I see it as beginning a ride with a company on a path of growth.
As the old guard leaves and the new comes in, there seems to be some bickering, snickering and unpleasantness. This too shall pass ... I trust. I am glad that some old timers are staying and offering their insight and knowledge of the company.
I would not be shaken if the magnicificant move so far took the statistically possible 50% retracement. There are probably people who bought a year ago at this price who are itching to break even. There are technical traders who bought a couple of weeks ago and seeing a possible short term double top may be compelled by their trading strategy to take their 100% profit and wait for a new entry point.
Personally, I intend on buying more tomorrow just like I did today. I will buy more every time I have the money to do so. I don't care about the fluctuations, because I see a company with a steep growth curve, solid management and a great product. In the long term I know I will be rewarded for my steady "dollar cost averaging" accumulation strategy.
Meanwhile, I appreciate the level headed and courteous regulars here who make this place informative and supportive.
Thank you
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