Jim :
I see your point and I agree with it.
If everybody here is waiting to spring on the first rise at the end of the month,, we will all be deprived of the run up that "could have" happened.
Its kinda like telling a farmer that they should all farm 10 less acres and then they will all get better prices.
70% of them would,, the rest would go out and get a few more acres to farm.
Same thing here, once a bunch of people start to breal ranks and sell ,, the momentum will be broken and the price will fall or at best hold.
I can't say where my break point will be either. I 'd like to think that several of us that hold shares in the 6 figures ( or more) area would not sell into the rush and thereby drive the price up even more, but who knows what they will do when the price hits .75 and stalls for a bit,, hold to see if it breaks thru and runs over a buck,, or take the 10 bagger and run?
If the company can come up with the financing in time the price will rise on the fundamentals alone, then if there is a short position the price will run hard. If the funding is acquired prior to July 1st ,, the shorts will see that they are up against it and the carnage will begin then :-)))
Kinda brings a smile to your face don;t it??
CRDoug |
