MDBO continuation. Just not enough trades to trust but if I accepted a little pain this went higher as expected.
Entry comments: I bought this stock only due to it being a contract win. I'm going to swing this trade for a day only to see if the news carries over. Goal is to make .50¢-$1 a share.
Exit comments: Just an all-around dumb trade. Not happy with my self after this one. Was supposed to be a day trade that I turned in to a swing but even during the trade, I noticed red flags that I choose to ignore. In the beginning of the trade, I had a chance to make a small profit of .15¢ a share because the stock rose to around to $1.45, but got greedy and decided to hold, as I saw multible bids with large size stack up asking to buy at a substantially cheaper price only to see a turn for a loss. CLQ!!
SUPER SALE STRATEGY per my 2/27/21 Profitly blogpost. Dip bought 9:25 $0.70 50% off 2/6 $1.75 HOD using a pre-set Limit Buy. Price hit $0.6235 at 9:26 and there was a wall on the Ask at $0.78 so I immediately decided to settle for the 10% win & let the bounce get me out inside the spread so I got on the Ask at $0.77 & Fidelity got me out 9:29 $0.78... 11% in 4 minutes is fantastic!
I got in this trade because it was the OTC #1 Biggest % Gainer with Volume on 2/6. Dip bought 2/7 11:05 $0.9899 on the crack below psychological $1.00 & 35% off 8:31 $1.54 HOD. Price went sideways. On 2/8 volume perk when price got back over $1.00 pushed it up to $1.14 at 9:02. When it started going sideways/down, I got out 9:05 [Fidelity 25 shares at $1.095 & 195 shares at $1.09] $1.09056 to preserve my 10% win.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
