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Originally Posted by vreihen16
Is today's TORC spike a fluke, or is this where I need to jump out by market close?
Looks like DLPN is on the rise as well!
MANU is also up 2.8% right now. Bought it on a whim last year, because, hey, who doesn't want brag that they are a co-owner of a major international sports team?????  |
Torc spike was a Fear of Missing out. This will continue to go up aside from typical "pull-backs". I will tell you that I am scaling out my sells starting at 3.50. They have two pieces of news coming short term and long term..one is a merger which could send it close to $4...and the other is a Parkinson's Phase 3 trial that could send it past $5+.
DLPN will be interesting. They have only 10 days or so to release there ER that they filed an extension for. They will be showing a huge gain in net profit...and there is also rumors of other things in the works that are positive.
I have 10K shares in the high .80's range. I plan to start my first sales around $1.50...then the rest at $2+. On paper...this stock is worth over $3 if you factor in what their ER will reflect and their outstanding shares.