casey -
Keep your finger on the trigger tomorrow!!!
To all ASND holders -
I am copying an excerpt from my earlier post. I changed the day that earnings are released because I typed it incorrectly in the original post; however, I still stand behind my opinion eventhough asnd is above 52. It could get to 54 but here it is, you all decide . . .
<<You've got room to play, but I'd get out Tuesday July 15 before the close, the day earnings are released. You are right that if it closes above 49 on Friday, July 11, there will be more upward movement early next week. But it will be 52 or less. It will test this resistance level and back off slightly until earnings. You can buy back Wednesday morning under 50 and ride it up to 60 over the next few weeks.
Asnd will meet earnings, but will not beat the whisper estimates. The stock will retrace the lastest runup and profit takers will sell. Intel reports the same day after the close. If you want to endure that rollercoaster, stay in, but if you want to take home some cash. ..Sell and buy back in for less.
If you have any doubts, look at other industry results, CISCO and COMS. There are a lot of people emotionally attached to this company. It's a great company with a better synergy, ie ASND/CSCC than COMS/USRX , but be more attached to your money. You can always buy back!!!
I apologize for the sermon, but I'd rather see everyone making money!!! Someone once told me "You never go broke by taking a profit . . . whatever amount!!" >>
Good luck to all!
J.C. Group |
