Was looking for a spike due to monkeypox hype. Decided to cut the loss before it got any worse. Happy that I did because it did in fact get worse.
Didnt realize this stock was a pump and dump. Bought in PM as the stock broke through previous highs but turned out I was buying at the very top. Ended up averaging down as I expected a bounce but the bounce never happened and I ended up having to cut losses. Should have never added to my position and should have cut losses sooner.
I saw this on a 52-week high scanner. It had gone up pre-market, so I bought it. The problem is there was really low volume, so it didn’t do much.
Little flip on this afternoon HOD break. I bought at 1.7 sold at 1.78 on 300 shares. I thought it would push over 1.80 but no follow through. SGD plays were weak.
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