Originally Posted by SpamSandwich
How much did you risk... er, "invest"....
Hmm... I just noticed that Jim Cramer has already weighed in on this one. Be prepared for a quick run-up and a precipitous drop if he's involved.
Not enough to regain my 12% lose in CLWR this past Friday.
But I think i will hang onto STV for another morning and see where it goes. it it even begins to drop I'll sell. if it keeps going up I'll hold on to it for a little bit longer, but this excessive rise seems too good to last long. But if check out the company they have less than 350 employees and have earnings of 50%.
Honestly, all I want to do is regain my 12% loses with CLWR. So far I'm halfway there as I was too much of a chicken to invest to much into STV.
Only time will tell. If this doesn't pan out I'm just gonna go back to counting cards at Blackjack. That was a guaranteed grand a night and always a good way to meet attractive girls.
PS: No, Cramer had nothing to do with it ,I have my own source. He bought in when it hit 100% and then sold told today when it went up about 12% making a whooping $840. He's my "conservative" friend.