timothysykes

Entry comments: Buying this dip on this STT Breaking News play and morning spiker and former runner, goal is to profit 5-10%, nothing huge, but it ca run fast

Exit comments: Decent little gain for me on this weak bounce off those sharp selloff lows, promoters seem tired on this one after a big day yesterday too, potential re-buy under 5 only for me, can't get aggressive

10
840

DatePrice
Entry4/28/20215.13
Exit4/28/20215.35
  • Total Views711
  • Position Size5,000
  • Percentage4.29%
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Manursvr
ManursvrApr 28, 21 10:26 AM

Hi Tim, I’m brand new in the Challenge, sorry if it is a stupid question but I tough you looking for low float stock and I see here on ALPP it have 132.68M can you explain please?

mikemc5
mikemc5Apr 28, 21 10:28 AM

Getting the “feel” of that one!

StefanSchwarz13
1
StefanSchwarz13Apr 28, 21 10:30 AM

@Manursvr Ask him in chat or wait until he has a webinar. He is having an all day webinar this Friday for challenge students. That is where he will answer all of your questions. Also, he is looking primarily for morning dip buys and stocks that are big percent gainers and multi-day runners. Those are his bread and butter plays!

Testakleez
TestakleezApr 28, 21 11:11 AM

@Manursvr While Low float is a factor, it only means that it takes less volume to move a stock. ALPP was a STT Breaking News play this morning. The float is less important when a stock is making moves on massive volume. What's working best right now is morning spikes and buying dips on big % gainers. Don't let the float keep you from trading a stock that is making big moves. Massive volume can overcome a larger float. Float is important but Volume is King. Hope this helps.

andino
andinoApr 28, 21 11:18 AM

So what was your profit at 5000 shares

Windwalzer
WindwalzerApr 28, 21 1:50 PM

Thank you for sharing.

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