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Author Topic: SMIT
Upside
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Thinking about trying to catch a falling knife for a 15 to 20 cent bump or so. Got nailed yesterday on less than stellar earnings. I'd only be in in for the day regardles of what happens.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
Upside
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Missed it. Could have been had for 8.20 at the open but I didn't pull the trigger. Last sale was 8.43 and change.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
Upside
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This could still be a good daytrader if you can throw enough into it where a 20 cent bounce makes you a decent profit. It's been hitting 8.10 to 8.15 and bouncing hard off of that for the last few days. Darned risky though, if it drops below the 8.10 level it could freefall.
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Upside
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Nope, disregard the above mumbo-jumbo. It's hitting lower lows everyday and there's no telling what could happen.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003  |  IP: Logged | Report this post to a Moderator
   

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