STBV has been breaking out going super nova. Had very poor timing on energy. This was another trade on my lunch break using my phone only. I have been overtrading the past two trades or almost a week.. I need to learn to be selective and more patience with my set ups.
Decided to change it up and give these true penny stocks a try to see if it could change the downward trend my profits have been in and didn't turn out bad at all. STBV was a company valued at like 2.5 million but received 50 million dollars in troptions from 4 different investors. This stock went from a penny to just over 14 cents in one day (talk about volatility). I will trade these for a while to see if my profit chart makes a turn for the better while also being aware of the added risk.
Made most of my money back with this overextended stock that i have been watching for a few days now. finally got the play i was looking for with it and had a SUPER LATE AND SLOPPY entry but was able to catch at least 9% of this drop off. Not sure how hard it would have been to get shares short of this OTCPK stock but i guess the idea and the execution is all i am looking for while im paper trading (paper trading)
perfect dip buy; waited like a sniper for entry & exited safely; one of my smartest trades so far; small positions.. solid singles! @timothysykes
Didn't set a sell limit @ .14. It bounced back up to .137 and held too long until it dropped.
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.
