If you are into trading in and out, yes.
Don't follow me... I do things differently. I just don't see that it is a good time for me to get back in. Don't forget, I had some stock in this in the NCII days. At that time, I paid 1.01 a share, held on for high hopes and watched it drop. Did some averaging down and bought more at .15. Saw it drop even more and more, ending up taking my profits at 2.65.
I really think the price takes into account even pending news. If there are any disappointments, it will go down. I don't want to get stuck again....
I have never been a short seller. I have usually been a short term trader, playing the rolling stocks, turning some after a day or two and some after 2 weeks. NCII/EDIG was my longest hold, over 1 1/2 years!
OT - I also have played TAVA and was a long... still have that one waiting for the $8 payoff. I was very excited about TAVA's product and story. Their balance sheets got better and better. The company's problem was their PR sucked big time. Could never accuse TAVA of hyping, if anything they held back too much on their progress with contracts, thereby creating such a great sweetheart deal in the buyout.
Basically, what I am trying to say, again, don't follow me, do your own DD, which by the way Walter, you seem to be very good at. |
