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Bought on after hour PR news. Anticipating a sell @$1.00, bets case $1.20. After I sold, I realized that when a stock has News after market close. When there is a whole number to break "Resistance" on the next day, and the stock has already had a +30% gain/+20 cent move. Basically, is like the stock has had a full trading day session. When market opens Shorts will take over. The bad: I held into close thereafter becoming a bag holder. Sold the next day taking a loss.

Reason for entry: Thought I had read Positive PR news, in anticipation of morning spike, I entered to soon. I noticed the stock was pulling back, holding support at $3.15. I placed a limited order for $3.11 and thought I would enter into a dip buying opportunity. Market open, Stock fails, pulls down passed whole number support of $3. Stock actually findings Support @ 2.74, then bounce back to $3.08. Held a bit because of the small position. What, I Learn Cut losses quicker.

This stock I purchased on a dip buy thinking it was going to hold the $3.00, I bought on volumes/news. I re-add to the positon. Think at the stock would run back up since the general Biotech market was up like the IBB index. I was wrong. Stock fall to the low $2's & sold. Key Lesson as Tim says always cut losses quickly. HTMM DVD.

Bought to early on speculation, and sold to early on fear. Strategy was to swing trade this stock until the positive PR or spike. I think 4 or 5 days later stock surged to $8 or $9 dollars a share. When $DRYS had that huge run to the $100 per share. This was the low floater runners of the week.

One of my favorite stocks to see grow. Although, I did not play this stock right and held Like I should have and I had my eye's on it since April of 2016 when it was trading @ $2.45 low's. When I had first open my account. I know a thing or 2 about processors. But, a very newbie way of trading the market.
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