Obviously "Sonic Boom" means different price points for different investors, personally if it breaks $2.50 within 2-3 days than this is the "Sonic Boom" territory that a lot of us long term holders have been hoping for.
Of course pull backs to $1.9 - $2 might still occur in the future but this is just another signal that tells us that Nearmap has once again grown & grown into the next higher trading range.
Make no mistake, we are once again venturing into higher highs & higher lows with this stock. I think people who have sold in the mid to high $1.90s and hoping the price will go back to $1.60s are playing with fire on a continuously growing stock.
NEA Price at posting:
$2.08 Sentiment: Buy Disclosure: Held
