Very speculative play on a SLOW moving stock that I will never get into again. Slow moving non-volatile stocks are a big no no. Ended up holding this way too long. Bought because of news of a merger with a bigger company and it barely moved. Second day it got up to 1.35, but I was not awake and missed that chance. Had to get rid of it for a small profit, oh well.
there was good news, and then the action wasnt going according to plan, however i didnt add position but i won on the price action loss overall because of the commissions
This was a no breaner. Just a very dumb trade. Knowing that it was a merger and the price was already priced in. Lesson here is stay away from mergers
shorted at the open because the stock was gapping up over 70% premarket. covered pretty quickly because it found support quickly
Watched this one in the morning because a clear gap up. Missed first morning spike. Went short on next spike with first high of day spike as clear resistance level for my risk. It dropped well sold half. Then held hoping for break in support when it held strong I got out the rest at same exit price
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