Shake Your Money Maker!
This is concerning Tellular Wireless (tickr: WRLS). Today, the company produced its first profit since I have been a shareholder. They are in the wireless alarm industry, with revenues growing every quarter. WRLS has 18m shares affloat... they are a small mrkt cap company with minimal daily trading volume. The stock is up over 15% on today's announcement.
What I want to know is if it is too late to add to my position. The low volume has always been a concern of mine, that on the most popular days, it reaches 200k, this being the best day since I've been with the company.
Edited
Since this is a pretty underground company, would this be a good opportunity to get in before it keeps going up? or is a pullback likely because of all the hype surrounding today's trading
What I want to know is if it is too late to add to my position. The low volume has always been a concern of mine, that on the most popular days, it reaches 200k, this being the best day since I've been with the company.
Edited
Since this is a pretty underground company, would this be a good opportunity to get in before it keeps going up? or is a pullback likely because of all the hype surrounding today's trading
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