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...as far as Dennis Patrick, Milliwave WAS the 38ghz licenses, period...venture cap guys in on it were rolled over into WCII stock...they never planned to be active in co...Patrick was a WCII board member by default...nothing personal, but he was not one of the inner sanctum, and was not active, although he is a very competent, accomplished guy...his selling is totally expected...as far as stock action, I'm a pretty crappy short term trader BUT it doesnt get much better than this (which is always a potential short term warning)---TA, money flows look great, but oversold...everything getting swallowed up above 32.. could go sideways to work off oversold condition....personally, you gotta be nuts to do anything but sit tight if you have a full position, buy any dip if you have a minor position,, and trade out only if you are smart enough (I am not) to pick the bottom in any correction...you are still early in instit accum....this one goes alot higher over the next 6-12 months |
