not sure if you understand technicals much, but if i could refer you to other stocks you have posted on, what goes straight up usually comes straight back down.
fine for those you consider each investment a coin toss, but i prefer to take a more methodical approach to building my wealth. after all, this is the stockmarket, not the casino (although it has to be said, that when peoples expectation of ROI begins to exceed those of bookmakers odds, you know that the market is getting top heavy, and i wouldn't rule out a massive correction soon that might wipe the smile so of all those faces with short memories)
but alas, i digress. as has been pointed out by nearly everbody since the days when big ukraine declared that this was dead and the oppies will never be in the money (he used the same arguments as yourself) over 100% in such a short time is a worthy gain, and merits a cooling off on the oscillators.
MACD has turned negative and is dropping like a rock, but SP is staying aloft of the 50DMA, which is fantastic for those of us who aren't interested in one day spikes.
kind of curious meerkat, i vaguely remember you from years ago posting on another stock i was on, calling it a dog that would go nowhere. i may be mistaken (there have been a few of you "glass half empty" types over the years), but i'm pretty sure it was FDL (FMS) which was 0.01c at the time. a few weeks later it went to 18c, you probably scalped a point off it along the way?
i guess you were right. the glass really WAS half empty. sure took alot of water to fill it though...
RHM Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held
