Had a plan to buy a triple zero one stock sitting and flip it at .0002. One tick. 100% gain, right? Well, I didn't study this ticker more than 5 minutes and decided to jump in the action by "wisely" placing a bid at .0002 while it was trading at .0003 after the open. Very soon thereafter, my buy order executed as millions and millions of shares were dumped, taking the price down to .0001. I quickly placed a sell order at my orginal buy price and waited a month before it thankfully executed.
bought on favorable news, but the chart has been boring & continues to be boring & lower
Liquidity suck. Bad buy but I didn't know better at the time. noob decision. Decided to put the money to better use rather than let it languish forever.
this stock didn't do anything, so i bailed. it sold off right after i got out. at least i didn't lose
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