Agree olderwiser....rule no.1.....trust your own research......a mistake I made by listening to others and getting talked out of MUS some months ago.....re EMC gsm, there is so much news coming and on low news there is lower volumes so it becomes a buyers market and you take what is on offer if you want out.....if it drifts lower, it triggers automated stops (that many use but I do not) and buyers can keep moving their bids lower because their orders keep getting filled.....at a certain point it appears oversold technically and traders spot this and see the chance of a quick 10-20%?.....the volume has been rising for the past 5 days and the flip from buyers to sellers market happens quickly as the selling becomes exhausted (stop losses/panic sellers gone)......and it will retrace back to where it was and everyone's happy again.......and you'll get to the end of Feb and think, wiw, why didn't I grab some more?.....hindsight builds experience......and by the end of this year the 1st of the $100M revenue manufacturing lines will be running so at some point we are going to go on a big run.....as I pointed out in a post 2 days ago.....at only 10% market penetration EMC will be generating $2B in revenues.....20% margin, pe 10.... $4B mcap.....so, sometime between now and 2018/19/20 we are in for a big run or maybe one continuous run wuth a few blips......for what it's worth I bought at auction on friday and will continue buying as I don't think it will be let go down to next support at 64c.....that news re finished testing re 1st unit in China could come any day/week and will nost likely trigger a big rerate.
Kind regards, SEAH.
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