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Day trader. $0.96. Ride back to $1.00 and dump.
PCola77
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Unfortunately I'm in at 1 and again at .91. Now trading under .90.
Run into the close you pig!
PCola77
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Closed a half penny from breaking even. I'm holding for Monday though.
stocktrader22
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No offense, but these falling knife plays really should be left up to the pro's i just skip them now as its just a gamble
PCola77
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I am a pro
No, obviously not, but I've been making a killing on this kind of trade the last month or so. (WAVE is actually at .98 in AH trading and right now the bid is .99 and the ask is .98 which is kinda odd... Anyway, if I sold right now at .98 I'd make over $350.)
PCola77
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Oh, and you couldn't possibly offend me, so don't worry.
stocktrader22
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Lol good! But in all honesty, you can make a ton, but you can really get DRILLED, I witnessed it first hand with my AMRN investment a while back
R1 Man
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quote:Originally posted by stocktrader22: Lol good! But in all honesty, you can make a ton, but you can really get DRILLED, I witnessed it first hand with my AMRN investment a while back
I agree with you and I'm actually still holding AMRN. But a stock that gets beat down 70% will usually bounce 20-40%. That is what I bank on.
Still not in WAVE....no money free.
PCola77
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LOL. I had a dream last night that I sold WAVE at 1.58 only to watch it go up to $2.78... If either of those come true I'll be a happy man
PCola77
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Oh yes 22, I agree that these are very risky. Gotta be quick both to take profits and losses, and still can get burned bad. I'm trying to pull gains out of my account as I make them, until I get to the point of playing with house money. Not quite there yet...
PCola77
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Well, I got out at .96 for a small gain from my .955 average. Coulda made a bunch if I had sold in pre-market or at the market open, but was watching to see what she would do. Oh well, on to the next one.
BooDog
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ouch! ouch! ouch! Knives slicing! These guys are getting the crap beat out of them! Nice find R-1 bounce this puppy!
going down imo, we'll see what kind of dead cat this leaves behind.
PCola77
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Glad I got out when I did. Would love to see it have one more big dump down to low .80s for a little bounce. Not going to play it again unless that happens.
stocktrader22
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Glad you got out PCola, told you these plays are rough
BooDog
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"Disclaimer: Not accountable for anything I say"
LMAO!!
I like watching for these to hit bottom, not sure why I keep getting drawn into the big drops. Maybe cause it's the first way I learned how to LOSE all my money the first time! LOL
R1 Man
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Missed my entry but had got in yesterday at $0.87 and out $0.899. Thinking of shorting and covering around $0.85
PCola77
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yeah, I wasn't paying attention. it dropped to .78 and is now at .90, so i woulda had a nice trade. Oh well. I got 3 more days til I can't trade anymore, so hopefully I don't miss anymore easy ones.
R1 Man
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Go Short VC at $3.29 and Cover at $3.21. That is pretty easy!! I did it once already and in again.
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