Entry comments: I'm buying this uptrending first green day spiker on a solid news catalyst https://tim.ly/403gm0E and this stock used to be a former Supernova/bigtime runner so perhaps this is the bottom and its getting ready to be a January Effect play in a couple of weeks. I'll have detailed video lesson on it this weekend, goal is to make 5-15% into next week as more people see the news/solid breakout/setup
Exit comments: I’m out for small losses as it’s not acting too great premarket and I’m not sure how it’ll act so when in doubt get out. Remember, small losses are acceptable and part of the game, potential rebuy if it starts acting better at anytime today or even this week
| Date | Price | |
|---|---|---|
| Entry | 10/11/2024 | 2.02 |
| Exit | 10/14/2024 | 1.95 |
The announcement of a securities fraud investigation is alarming. Such investigations can lead to significant legal fees, damage to the company’s reputation, and a further decline in stock price. While this news hasn’t tanked the stock yet, it’s likely that further developments could create significant downside risk.
@rodriguezjohn not at all, almost every low priced stock that once was high priced has lawsuits, they're negligible
Thanks Tim. That makes me feel better because I bought some :)
I didn’t exit yet because I got executed at $2.02 and it’s showing signs of resistance. MA(10) is higher than MA(50), price $1.94 is over the VWAP line and MACD line is climbing up. Crossing my fingers.
Last Price: $2.00 last I checked 👍
Still holding PACB until tomorrow. Bought at $2.02 last Friday - $2.12 now.
