I paid a little more than that and still it was cheap. There's always going to be a shake out after a run. Mo's don't have any patience and just run from one to the next, alergic to even having shares overnight. I know, I mo every now and then.
I don't sweat it. Back out and take a look at the chart with daily interval from 2/27 on. The swing and ring patterns look very normal to me for a stock that just got popped twice. What I look for is that after it settles out each time it ends up at a higher price than the last time it settled out. If it's doing that it's doing fine. Should continue that as long as the company continues advancing their plan and meeting their goals with decent PR job.
And I agree completely about the price vs mo factor. Once it gets up in price a bit it takes on more inst/pro investors and less flipper/mo/scalpers and it will stablize more, but at the same time it will also then lose some of the volatility we crave.
ya can't have everything. It will get more pops along the way. Until then as long as it keeps weaving it's way up each week, I'm fine with it.
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