I bought 300 shares of $AKER today at $.71 and was able to sell at $.74. I ended up with a $9 profit as I didn't have any commissions through Robinhood. Again, I could have sold higher, but I wanted it to get to $.80 and I tried to make the market follow suit. I could have sold at $.76 when I was waiting for it to go up, but had to take my smaller gains late because I couldn't part.
Posted Apr 03, 18 11:48 AMbyAshleys_Trades
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AKER
I see a lot of green traders. They don't know the company/products/pipeline, just ride the chart and a few cents up or down. If you could understand valuation and what the worth of the company is, you're going to do much better. Imagine selling Facebook when it was $35 or NVDV at $30 (now over 200) which I did cause I didn't consider what the company does. That's the biggest difference between one that know and day traders who don't. Don't let these day traders pollution your mind. They're all s
This is not the way to play stocks. Just think harder, not ride the wave in and out. Read up on what the catalysts are and know how big it is. FDA approval on Chlamydia is going to be huge for AKER. Over $1 guaranteed. So had you hold it, that's easy 50% profit.
I appreciate your input and I will definitely look into understanding the valuation. I am just trying to get a grasp on what works and what doesn't at the moment and I am studying a little every day. I hope to be really good at this one day and I encourage all types of advice.
Try holding and understanding the company. AKER is at a great buy price now.
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