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Message: Sell in May and go away....September bounce

Selling in May of 2017 would have been wise in hindsight....back then the PPS was trading in the $1.90 to $2.20 range.  At $2 per someone selling 10K back in May would have netted $20,000 (I love it when the math is super simple).  That same $20,000 would buy over 14,000 shares at $1.40....hindsight bites sometimes, dang I wish I'd done it.

And looking back at past Septembers we have seen some nice bounces....last year September was a beast, going from $1.20 or so and touching up near $2.50 by early October.  And 2015 was no slouch either.

Will it play out the same in 2017?  I think  there's a very good chance...maybe we can go higher than $2.50 this time.

 

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