Bald Man - I think Ariella summed it up best in her response to another poster. Not knowing your financial position, and being strangers, it would be presumptuous of me to give you advice. Also, I didn't do well with this stock myself. I bailed with a big loss. That being said, hear is my view. I believe many investors believe that $6.5 - $7 is the entry mark. Is it correct? Who knows. If it is, then the only place for this stock to go is up. If that is the case, then I would hold. If not, then the stock will go lower. If you are on margin as I was, this is a bad thing. If you are not on margin, then you could average down (presuming that you believe the stock will once again rise). One thing to consider. Most of us thought the IPO would be filed this year. The possibility still exists but note that the S1 has not been filed yet and it apparently will not happen until a new CEO has been hired. That being the case, I do not see the IPO happening this year. Also, one would have hoped that the IPO would have been filed while IPOs are in swing, as they are now. Hopefully, when the IPO is filed, the effect is still there.
Good luck.
:)
Stockster |
