Re: Unbelievable yet....
in response to
by
posted on
Nov 30, 2009 11:14AM
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I agree. I think this is going to hit 38 cents before we know it. I can't believe the thought of a stock running to 38 cents excites me, yet it does because the majors have under-performed expectations.
That being said, I've taken some profits in other stocks in my trading account at today's highs. Many short-term indicators look like they are rolling over. I think we need a minor correction in many stocks in this sector as portfolio managers and traders close out the year.
That being said, I'm not trading Kimber or Tyhee right now because they have demonstrated the ability to be up while everything else is down, and am also ready to repurchase everything I've sold at a moment's notice, and am still invested 75% long right now. I would not buy more Kimber at these levels after the explosion, but would still buy Tyhee.