conservative? dont drink the kool-aid. you better
Post# of 56323
lets be realistic for a second
we all know license approval is pretty much a slam dunk...
(hate the break it to you.. we are not the only ones that know this)
but yes I still think the price will jump up a significant amount on the news.. but ive seen this movie many times.. the big anticipated news comes out.. stock jumps up... amateur investors get all upset because its not up as high as they thought..
then the profit taking begins... then the amateurs start panicking...
try not to be one of these amateurs...
the profit taking will take it all the way back down to these levels.. all the amateurs will be pissed.. some will even sell like fools...
anyway.. what I am getting at is the price does not move like you want on anticipated news.. it moves on surprise news or gradually increases leading up to anticipated news.
The big move will happen more gradually between the license and the first big earnings report.
(then this process repeats for the first earnings report news)
Just stay long.. enjoy the ride.. dont freak out when the price doesn't skyrocket as quick as you want...
PS: Suprise uplist or buy back.... will make us all go wheeeeeeeeeeee