My point is when you have a 200% appreciation in a short time, it's almost a guaranty (not to mention upcoming lock up release event) the stock will retreat (notice that I didn't say crash). If you expect CMRC to keep adding 50-60
points everyday, you're fooling yourself. I unloaded some
shares right before I posted my previous message, and CMRC
kept going down since (No timing skill, just pure luck).
If CMRC is for real then I can always buy it back on dip.
If it's not, well, I had a decent gain. Again, each of us has a degree of risk tolerance, I reached mine.
PS: AOL, CSCO, MSFT had many dips along the way, ample opportunities for anyone that missed the boat to join (or rejoin), remember? |
