Apologies if this is in the wrong section or the wrong way to ask advise..... Only been on here a couple of days and new to trading.
I have been following OPXA....... My question, was this mornings price jump from $2.45 - $4ish due to the press release regarding the reverse stock split?
just want to make sure im not barking up the wrong tree so I can keep an eye open for similar press releases in the future!
Any information will be greatly received
Posted Sep 30, 15 1:30 PMbyjaymo1988
Categories
Basics
Tickers
OPXA
Received 1 Karma
Any news CAN cause a price jump, Yes. However, not all news will cause spiking. You must look at the history of the stock and how it perhaps correlates to other news reports. If you choose to enter early and the stock does not do as you expect and goes the other direction...cut losses early. Be sure to enter as the spiking is begining, do not chase it. Early entry is key to a successful profit !!!
Join now or log in to leave a comment