Hi James,
Thanks for your info and if possible please keep me upated on the latest short interest figure. I have a keen interest in that number because I feel that the stock price will be mainly dictated by the large movers whether institutional investors or MMs. I am hoping for the number to decrease during the month of July but not thinking of profitting from such short term movement due to short squeeze.
As for my investment perspectives, I am currently long on TDFX for a long term. This of course does not mean that I do not welcome a sudden explosive appreciation of the price. But from my limited investment experience, Ive learned painfully that it is unwise to invest based on fundamentals and outlooks alone. My current stretegy is always to watch and research companies that I believe in but make an investment only at the right time. The time may never come but kowing that I only have a finite sum of money and there are many great companies out there, I realized that I can afford to be content with just watching. Thus I research hard and watch closely the stock price to determine the best entry point and when the time comes, the best exit point. My current exit point pretty high enough that I dont expect to exit any time soon. But when the price reaches my exit point, even if it was in the near term, I would not hesitate to liquidate my position, probably believing more in the company at that time.
I have been watching TDFX for some time and belived in the company then and now. Actually in my opinion, the companies outlook is better now then several months ago when the price was in the 30s, but strangely, the price has come down substantially. Even if the 30 price was considered a runup, still the current price does not justify their improved outlook. It seems to me as if the outlook is being affected by the stock price rather than the other way around. I believe this is the kind of psychological weapons the big players use to weed out short term traders and speculators.
I still have a lot to learn and SI has been a great source of information, both from bears and bulls. I may be wrong to jump in on the TDFX at this time but because I believe in the company in the long run to invest. And I agree with you that there are better oppotunities out there for short term traders especially in the light of current negative sentiments.
I hope to comminicate with you more as we ride up with TDFX in the future. Thanks.
jrc2 |
