AWX- Break out today. Question for Dave or Ramsburg

[saffeysite1]

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

[AussieTrader]

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

[Ramsburg]

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

[saffeysite1]

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.

[Ramsburg]

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

[David Randolph]

... but now, after this run, the stock may pause - just look at the volume decreasing rapidly.