Out at 7.2. Peak price for CETX was 8.4.
Still, no regrets, made a decent gain in short period of time.
Trading isn’t about trying to pick tops or bottom.
Month: January 2017
CETX
CETX, up around 52% now. Really explosive price action due to combination of high volume and low float. Precisely what superstocks are about.
Amidst my bullishness, there are some red flags about CETX.
- Too many press releases. Management seems to like to issue many press releases to pump the stock prices.
- Unrecognized Indian Auditor
That said, i still believe this is a great stock. i am happy with my current gain but i want to free up capital for the upcoming earnings season. Currently Waiting for the 10DMA to catch up to act as a stop. Might even use the 5DMA as a selling point depends on how the stock acts around it.
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