I fear that if the stock price has gone up too much in the last couple of days, it might come down. Have I missed the PENX boat?
At this point waiting for a pullback is how I would play this.
thenagarsI missed the signal as well :-(Alternatively, one might use this event as an opportunity to evaluate how the 6/28/07 signal was missed.One thing is certain- another stock will come along and take off just like PENX.As Pradeep sez "methods trump markets".
Too late to get in. Yesterday was good day to close the position. Just few weeks ago KMGB had similar story. So if you perfect the system, you will find enough to keep you busy.
PENX made all time new high today - with this vol, buzz and mojo, partial closing of position is good, but no reason for complete closure...
SLP is the next play. It has also all the ingredients to make a big move. And it is not to late to get in!Good luck.
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