This was a stock freak/club penny/ other crappy pumpers pump that I screwed up totally. Gapped up like they normally do but the spread was really wide so soon as the spread closed to .02 the bids got hit fast and it dropped before I could get in. bounced back up some then the offer got heavy so I put in my order. It actually got filled on the ask then broke .24 support but then once it didnt drop the bids got heavy so I thought it might bounce back so got out for a commissions loss. More below..
| Date | Price | |
|---|---|---|
| Entry | 8/26/2013 | 0.25 |
| Exit | 8/26/2013 | 0.25 |
It wasn't 10 mins after I covered it started to break down and fall apart. Went red on the day and collapsed. Should have been more patient as these pumps by this pumper always gap and crap the fade away towards end of the day.
