Dodged a bullet on this one getting out. Really looked like it might try to push .022 like it did the day before only to compeltely fail and end up at .01 eod.
I got in this trade because it had spiked to OTC Biggest % Gainer with Volume on STTBN alert. Dip bought 11/14 14:37 $0.0066 15k 30% off 13:09 $0.0093 HOD and at b/o support using a pre-set Limit Buy. Price went sideways. On the re-spike sold 7.5k 11/22 12:17 $0.0075. When the bounce looked stalled there, I put in to sell the other 7.5k at the same price when a massive sell at $0.0076 went off without me then Fidelity gave me 12:20 $0.0087 top tick woo hoo!
Entry comments: I'm buying this former Supernova on a possible merger SEC filing https://tim.ly/3UQ0E2M which tells me the promoters might be back in here, goal is to make 10-20% today or tomorrow, let's see if it this can run some more
Exit comments: Not ding a whole lot despite the afternoon move/strong market so I'll follow rule #1 and cut losses quickly, the lesson is higher priced plays are back in style so that'll be my focus until we see better low priced stock spikes
In and out fast
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