Vor said, "Looking for a reentry point. Any opinions?"
You said, "When you go in or out is a personal thing and something you have to do your own thinking on."
I agree. However, in this case, Vor was asking for opinions. Because he asks, I too will reply.
Vor- I agree with what has already been said by Ron, and I think one other threadster. You can make money jumping in and out of ATHM. I'm sure several on this thread have done that. I am sitting on over 500 shares and it has been tempting, especially when it was in the 190s. Currently, we are near a very likely merger that will skyrocket ATHM. If (and most experts believe it is very likely) T does strike a deal with UMG, we will probably see the greatest one day gain in ATHM. After that day, ATHM will never look back. I am with Ron, I do not want to be left in the dust because I tried to market time a few thousand.
In the end, as Charlie said, it is YOUR decision. Good luck in your reentry point.
Ed |
