"RHAT, which doesn't IPO for 3 weeks or so, yet" - You wouldn't be a day trader, would you? Remember that as the time gets closer the price will probably drift higher, assuming there is expectation that an extremely successful RHAT IPO will lift all Linux boats with it.
As earnings report date gets closer, those who remember the 100% surprise from last quarter will also cause the price to rise.
In the mean time, of coarse, market fluctuations and day to day activity could be up and down.
Still, I plan to hold at least until earnings, and if as good as I expect, longer. To me 3 weeks is too short to bet on the price not rising beyond a good buying range. I think now is a good opportunity. Next week you could lose 1/2 of a potential gain. Or you may get lucky and find a better buying opportunity. Maybe a compromise: 50% today, and 50% next week, or so. |
