Many stuck at 20+ , better leave before its too late
$SGOCO Group Ltd(SGOC.US$ Many stuck at 20+ , better leave before its too late
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Elon Must : This is a high risk pump and dump penny stocks.
When it's on the rise, you FOMO and bought in at high price, eg: $20. Then Hedge Funds pull out and make the price dropped drastically. While you saw your money going down, scared, also did a panic sell, then they will buy in at your selling price.
UxFxO : hold it till tomorrow, 50% chance it will rise fast again. Sell off then. This stock works better as a day trade, its tricky for a swing trade