Hi John,
I still check for messages here, but I seldom post, because I usually get responses like "there's nothing more to say".
Well, don't look now, but this stock has been edging up since last June, with the exception of the short-lived spike up in September. The 50 day moving average is above the 200 DMA, and the 200 has recently turned upwards. Furthermore, the ascent rate seems more realistic and hence sustainable this time. Will it stick? I sense that the market is anticipating a resolution of the long running legal battle.
Maybe I'm just gullible, but I see a lot of potential gain here, and I've got relatively little invested -- about 2% of my portfolio. I figure eventually, no matter how long it takes, this investment will pay off. The longer it takes, the more it will pay off when the time comes.
Best of luck to you.
SPB |
