Ellis:
<< All I have to say is ahhhhhhhhhhh, that feels good!!! :o) :o) :o)>>
I agree. I'm wondering what will happen Monday. That damn rumor came up again like before. There has been speculation that it could have been planted by shorters the first tine. I am not convinced that that really happened. Yes, it did go up because of the rumor, then fell. Shorters ???
This time it is screwy because it comes at the same time as earnings. Therefore, we really don't know why it popped. We would like to think it was the street recognizing-except those dummies at Reuters-that WCII is where it is and what it can do. If I had to guess, I think that earnings drove it first up till 3:00. After that, the big move
could have been caused by the rumor.
We have to treat the rumor for what it is------nothing. If you, completely discount the rumor, we will have some profit taking Monday. If it is shorters again with the rumor, it'll drop. We have to expect some consolidation. Whatever, this time I'm not riding it down. I really don't expect a big drop because after the earnings, WCII graduated so to speak. I think we left the concept or story stock as they say, and now are simply a company with big losses with a great opportunity out there.
We should be more stable. However, because of the unknowns and if the shorters in fact did it the first time, I'm leaving at 30. But, I'll get right back in when it settles. It has been said this is a stock you cannot buy and hold. Well, we know you can, but we also know we let profits evaporate.
ac |
