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trader34

08/19/12 10:09 AM

#29350 RE: Bob-C #29349

a bit early don't you think ?
then again a good rule often mentioned in trading books is selling the profits corresponding to the $ amount invested. so at least the investment amount is preserved from the trade
but here imho we're talking about an INVESTMENT, now.
as the company proved it's for real and the success is immediate. fast. we are entering a whole different ball game here.
as the price rises and the contracts keep pouring in, this company IS RIPED for a buyout...especially as the price starts rising above let's 30cents ( a price that some alluded to be a threshold above which the owners might "consider" offers). "might". this company is doing things to BOTH be immediately successful and profitable with products launch AND be immediately visible to the pet food giant players...
but we ran projections and this price in our opinions is no longer valid. TOO LOW...
from a chartist like you I thought you would be talking about trading the stock as per the DAILY chart for instance. Last MAY as ALL indicators PEAKED, WAS a technical SELL.... very few did it.
now we are entering a whole new phase: FUNDAMENTAL REAL PHASE and the technicals are CATCHING up so to speak....no more "hope", "possible" etc...

best to you Bob
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7kidsmom

08/19/12 2:11 PM

#29374 RE: Bob-C #29349

Bob.. As always, your advice is sage. Sadly, i just sent my ipad2 off to get the cracked screen fixed, but I do love the apps from fidelity and tdameritrade. I think I will put in some gtc orders for SOME of my investment leaving some very very long, as I am invested heavily in an IRA and aren't retiring anytime soon. (Well you never know :)) I was surprised at the top earlier this year with AAPT, but held most of my position, then bought back at or near the bottom, so am Green now! I am beginning to see the wisdom of selling on the upswing.. but not yet. Still a long way to go, I think.
GLTA Can't wait to hear from MMSTOCKPLAY tonight!