.Instead of cut losses and totally forget about the stock I decided to buy more shares while it was low at 0.028. I had seen the stock move from 0.02 to 0.044 the previous day and thought that I could cover my losses (and make around a 200$ profit) if the stock moves 100% again. Waited for the dip & the next day the stock spiked up to 0.08 I got scared, though and sold early at 0.064 Still came out w/ around $400 profit This helped bring my account close to where it was b4 the prev. wks. losses
LOCMQ started off as a terrible trade, but ended pretty well. After my losses the previous week, i was looking for some dirt cheap stocks that had high percentage moves. LOCMQ had movedup 50% the day b4 I bough it. Bought it w/out reading any news about it. after I bought it, I found an article saying the company filed 4 bankruptcy & the stock would be de-listed the next trading day. the next trading day the stock plummeted 2 $0.02. kissed my money goodbye that wknd, but there's more...
Entry comments: I placed a limit order of .26 on the 19th. I wanted to short it after as it went up to .40 the next day but Capitalon One Investing doesn't short. Since the limit was was never hit before the upbreak it was hit of course on the bear going out the window when it opened at less than 8 cents. Placed a limit sell order at .48
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.
