Seth, you hit the nail on the head, Its the funds.( MARGIN ? )
Thats why, I will not be taking short term profit , next week.
the 10 million + in sales, is a new chapter. and profit.
If this stock takes off, and I sure don't see any reason, why not now. we could see a close tomorrow of over 5. but , I expect to see a close over 4 for sure.
its sounds impossible now, but the money is out there.
and any fund buying, well. its big time then.
nice to be in early last week.
the funny part, I only bought because it was over its 5,10 and 15 SMA.
looked like a good gamble.
little did I know.
Happy trading.
PS,
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just thought of this.
when can you start to MARGIN this stock, at 5.??
Its on the American, so that is great , right off the start.
I will use it, if I can.
any one know, maybe I can call tomorrow.
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Account Requirements
There are no minimum balance requirements to open or maintain an account. Cash
(or margin buying power) must be available in order to enter a buy transaction.
Securities must be held in the account in order to place a sell transaction. |
