I loaded up on GFRE at 5.60, made me nervous when it shot up to 5.8, and then ended the day below my price. Particularly since the thing has been on a steady decline. When it looked like 5.60 was going to hold, I bought more and the next day, bam! Shot out like a rocket with an upgrade (target $10) and an additional coverage. My target is $8 and while it looked pretty tempting to sell at 6.80, there is a lot more on the table for this one. Good revenues, got the bad press for being a china stock along with others that took the bashing of late. Only this one is real. [more]
My instincts are if I really don't know the name or see a strong repeatable pattern or have watched a stock for at least a few weeks or more, not to trust it. I did get burned on SBAY recently, which I'm now committed to (unfortunately). I've since revised my strategy a bit.
Putting back on my accumulate hat, so I'll get back to dipping and ducking to funnel profits back into AOD - which i have a sizeable position in and will continue to build on that. Like the long term prospects of AOD not only from capital appreciation but also the monthly dividend.
New goal on my long term funds: [more]
I picked up some ALZM on friday, just a small postion, but wanted to test the waters. Its up nicely today, and seems likely to go higher - potentially to the low $1.40s. Again, speculative, but interesting.