>> alert!
sbas is now turning into a pump n dumper so be careful if your thinking of buying here....
you all should be sitting on a nice profit now...don't get greedy and blow it <<
With all due respect Tim, I think you're mis-using the term 'pump n dumper' with regard to SBAS. It'd be more correct, I think, to say it's just showing the 'usual characteristics' of a momo play. Lots of volume, strong price rise, buying interest, gap up next trading day, volatility, sell-off.
The company and its products haven't changed. I would think people's opinions of the value of those haven't changed (mine haven't).
The trading is just like other 'hot' stocks. They almost all play out that way. Then, if the company is solid, they pullback and have a stronger, more solid, less volatile rise. More gradual.
Don't take offense, please, but I just think that 'p-n-d' term does not apply here.
----------
For the record, I sold my SBAS this morning, bought back in & sold again, bought back in & sold again.
All at a profit. <GG> Cool!
So am not currently holding any. |
