Anaxagoras,
thank you for the nice work... sounds good, and the $5 - $10 target is never off the table.
Just wondering whether there is a washout in this stock occuring, could lead the stock briefly far sub-1.
That happens sometimes on low-priced stocks, like SPDE, or BASEA to 5/8 recently with quite a volume, (which is basically free money if you are at the bids in time).
In the meantime I raised some cash by selling it off and buying it all back at today's close. Paid only 1 1/16 for the new inventory, money flow is still negative on this one, but it looks like the selling pressure is decreasing.
My last served sale @the ask is quite a time back (1 1/4), but it reminds me a bit on SCUR, if you don't trade it, you have a hard time to keep the position at par.
Regards |