Re: Level 2...DEAN...
in response to
by
posted on
Oct 21, 2008 09:45AM
Past experiences?
I think circumstances are quite different today, on both sides of the ball.
Settlements equate into new revenue streams and are coming in more efficiently than most had predicted.
A penny stock having patent defense success with a back log of ripe infringers equates into a high return on your investment if you're positioned before things "go public".
I see little reason for investors (not traders) to sell the next pop if news validates more settlements are on the way over the next 3 to 9 months and beyond.
I do see new trading ranges being established as we go, raising the floor as we go.
There should be plenty of time and opportunity to take profits and yet continue to experience the entire ride up if positions are established near the lows.