This situation looks like the same when I was following FC. I didn't get in FC because I was waiting for it to retrack, so I could get in. Never happened. Just kept going up. AWX seems like the same to me. It hasn't moved in a year and today it broke out.
Do you think I should wait for a pullback or just try to enter with a stop loss?
Thanks
Hey Safey, don't know what Dave or Frederick will say but interestingly for me 200K shares were bought in 4 blocks of 50K each at 10.28am for $3.79/3.80. Total vol for the day was 260K so someone might 'know' something on the inside who knows. I don't like the average historical vol around 13K shares per day, might make it difficualt to get in and out when things dry up. Gona watch it as it is a great spike and am intrigued by that block buy.
Mike
Hi !
I confess that I don't like a big move with volume not much trades... I enjoy much more genuine trades of a crowd...I will investigate to see whos bought that 200k...
I don't think insiders make so much noise ;)
It's up to another .50. To fast for me. I hate I missed this one, but logic tells me it could falls just as hard. If it settles down and forms a base then maybe, but until then I will watch.
I am so pissed I saw this one coming and.....Well, can't catch them all.
Happy trading everyone.
Quote from: saffeysite1 on May 26, 2005, 11:22:51 AM
Well, can't catch them all.
Thats it ;)
To good thing is that the market is here everyday, with tousands of nice stocks ;)
Thanks for sharing Saffey ;)
... but now, after this run, the stock may pause - just look at the volume decreasing rapidly.