I mentioned in the past article that HABT was a nice pickup at $15.75. Even before that it had a bottom in the $13.20 but we cannot be all fortune tellers and we need to use the knowledge of both fundamentals and technicals to make our trades. Now, HABT is trading at at high $17s and I still think it is a great time to get in.
For those that are more conservative, I would wait for the dip. I cannot tell you I expect a dip to even come with a double-bottom already in place. For the buy and holds, I expect this to return nicely. You already saw that Panera Bread was recently bought out for $7 billion dollars to be brought into a privatize institution.
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