Suppressed no one is publishing ideas on this one

I picked up 100 shares of this awhile back just to keep it on my radar, and now it is exploding. I am curious what others think about this one. I suspect it will crash back pretty hard and I am trying to decide if I need to get out and wait for it to pull back before getting back in.

Note

Well... I am not suppressed... surprised. Spell checker can be annoying.

I'm wondering if this is reaching the top now that it is returned to the original level. Seems a bit risky to hold it at this point. I invested $150 for 100 shares and now that is worth $1200. So I think that was a pretty good run. Too bad I didn't think to invest $1500 back then. I am curious what others think about this one. I suspect it will pull back pretty hard soon and I am watching to decide when to exit.

Note

I sold off 50 of my 100 shares at $11.56 and will let it fall and pick them back after the fall. I suspect it bottomed already, as it looks to have filled the gap around $9.30 range. So it may continue to climb. If it falls anymore in the next few days, I'll probably sell another half and pause to see what it does. Seems pretty risky at this point to stay in.

This is an odd stock and company, as there is only 1 employee. All of the hedge funds companies have sold off their stock and exited.

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I wait a little longer than I should and sold out when it dropped below $10, thinking that indicated that it was growing to significantly drop and it would be smarter to exit and by back in at the bottom.

I bought in at $1.64 and sold half at $11.56, then half again at $9.89, then the remaining at $9.65. That nets a 550% profit over 4-days. I should have put in a little more, not because it was profitable, but the amount I typically invested much more and for this one I was being a little more cautious since the company seems a bit odd to me.

There is support at $7.50, and it may bounce from here. So far it has. I'll wait for confirmation, as it is probably more likely continue to fall.

Note

Okay... went ahead and bought back in at $9. I suspect that will bit me. We'll see. But it should have bounced and $7.50 and it did, so I suspect it will go up for a bit.

Note

I ended up jumping out shortly after jumping back in. This may go all the way back down to where it was earlier last month.

jrothlander

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jrothlander