<<Dwight, this thing is going to look silly over here when it's trading at $20.>>
Somehow, it's hard for me to file this concern under the category of Major Stock Worries. In fact, there's no end of silliness I'd endure, from goofy hats to body paint, to see a price of 20. And what I'd do for 25 would make for indecent posting here at SI.
Meanwhile, I thought that Friday's trading was great, and, with a little luck, there might be a couple of weeks of basing in the 6's preparatory to the 7's by the end of Feb. or early March. Of course, I know that a few others here (probably folks relatively new to trading) are hoping for a dramatic upward spike, but unless that occurs on huge volume or unequivocally positive news, spiked prices rarely hold. Consolidation works better for longer-term holders, which, for this particular stock, is the best thing to be.
|
