ACM chart thread, page-18

Be prepared for some volatility.
More and more wanting in..but hoping for IPO profit takers to sell it down for less profit. Eventually IPO sellers are swamped...then price moves strongly.
In the mean time, guessing the optimal entry price is like pinning a tail on a donkey. My view is best to at least have some exposure and then add as price confirms the trend. Some do the opposite and try to add at lower prices. You really have to have conviction in the company to do this as you end up with your largest position at the lowest price so deeply underwater.