Replies to post #588 on Stereotaxis Inc. (STXS)

[ManicTrader]

Hope You Guys Locked in Profits at 6 area! CONGRATS to Those that did! As always JMO when u have a profit gain like that or even half lol, u gotta take profits!!!!!!!!! Why hang on?? We can always buy back in... Now look, she retraced over a dollar. I expect maybe another day to retrace or consolidate before i feel good about getting in. Reference my charts below.

[ThePennyDoctor]

To be honest, I sold on the way up. I messed up the day before and bought a load at $5.60. I also bought a bunch at $5.1. When it made it to $5.5, I was happy to dump it (given it closed at $5.1).

We may catch another delayed run as it did last time so I will keep on watch. These bios always have a big pop after news, then typically pull back, but more often than not return to the old high - IMO. The only thing I don't like about them is they are dangerous to hold overnight - they release bad news, and you are cooked. I got killed on pphm last year - my worst day of 2012 - so I always fear bio techs.