Interesting chart, isn't it? The stock broke out above the $2 range on Friday-6/12 caught my attention. If that does not mean something, then I don't know what does. I'm not saying that this is a 100% LONG scenario. However, the rewards by far outweighs the risks. Let's say that the stock gaps down to $1 from here, that is nearly a 50% loss; but if you look at the up side from here ($7 - $8 range), that is a 250% to 300% gain. 50% loss vs. nearly 300% gain! I say that is a good bet.
But of course, do your own due diligence. There is a reason I titled this post as "lottery ticket". After all, isn't buying stocks is about taking calculated risks? You be the judge.
Disclosure : 5% LONG NSTR.
7 comments:
i dont understand the company is suspended in june 22. that mean company is end, how long you would hold the stock?
The company (NASDAQ: NSTR), in a regulatory filing Monday, said it has notified the NASDAQ of its intent to delist common stock, and said it expects trading of its stock to be permanently suspended on June 22, with official delisting on July 2.
TONY thanks for the heads up! Ya the 8k came out after hour yesterday! I guess i was right when i say lottery ticket! I'm not going to delete this post because it is important to keep a journal on your tradings. (if you do not have one should start one soon, just write whatever you want on there). Glad the stock didn't gap down today and also i have my position small on NSTR. Anyways Thanks again, I hope my other picks are helping you guys making money.
TMI247
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make
your point. You obviously know what youre talking about, why throw
away your intelligence on just posting videos to
your weblog when you could be giving us something informative to
read?
my webpage: personalized golf tees no minimum
whoah this blog is fantastic i love studying your articles.
Keep up the good work! You already know, many individuals are searching around for this information, you could help them greatly.
Also visit my web site; golf cart accessories yamaha drive
I enjoy what you guys are usually up too. This sort of clever work and exposure!
Keep up the amazing works guys I've added you guys to blogroll.
Here is my weblog ... antekqua.com
My brother recommended I might like this blog. He was
once totally right. This put up actually made my day. You cann't consider just how a lot time I had spent for this info! Thanks!
my blog :: australian masters golf tournament 2012 leaderboard
Awesome blog! Do you have any helpful hints for aspiring writers?
I'm hoping to start my own blog soon but I'm a little lost on everything.
Would you propose starting with a free platform like Wordpress
or go for a paid option? There are so many options out there that
I'm completely confused .. Any tips? Thank you!
Feel free to visit my web-site: golf in kissimmee fl
Post a Comment