It seems like just couple of days ago when we first bought BTJ, in the 14s and 15s. Well, it really has JUST been couple of days. lol We sold some, see Demi's mkt chat, actually for me, I sold 3/4 of BTJ just now around $19 so I can go out and have a nice steak with the wife. I don't believe the move is over and in fact it's far from over. Volume does not indicate a climatic phase and this IBD thing is merely warming up. I sold some merely just to stick to my discipline and protect my profit. If I don't sell some now, I'm sure I'd soon get into a "carried over" state and may not be able to judge the move correctly since I'd be constantly thinking that I got in at the low and it just doesn't matter. So, I've got to stick to what worked for me and let go some.
I am planning to buy back a little toward the end of today so I can participate in the "IBD gap up" on monday if it actually gets listed. The thing is, the higher a stock ran up in anticipation of a good IBD listing, the more likely the action will dissppoint on the following Monday if it does make it to IBD. The best buying opportunity could be right after the sell off from the IBD listing. Well, at least that's how I see it may happen.
this stock reminds me of NGS or EXM in the past, if anyone remember those two plays a while back then you know how much potential this thing has...