I am still a new trader and I am curious if anyone knows what happened to MEET. I am long MEET at 3.70 and mid day it dropped to 2.74 and bounced back up to 3.40 currently. Does anyone know what it did this? It is up on good news of record earnings reports. Just trying to learn some, I figure it will bounce back to the original price, but why the drop?
So, here my friend, in the case of $MEET, I had a morning panic. A morning panic is a good pattern if you can actually recognize it, http://profit.ly/content/premium/13755 you can dip buy into a panic, and make a good money in the bounce, so I recomend you subscribe to tim alterts, not to get the alerts but to get the wisdom and the lessons of stocks like this http://profit.ly/content/premium/13862
https://www.youtube.com/watch?v=Lxz8BdkA22g
^ I hope the $ELMD example can help you understand morning panics (-:
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