what to do?
just looking for opinions. I placed a larger order that was filled Friday at .11 at 0930...I'd like to think i personally kept the stock having at .11 bottom Friday, LOL. So here is the question, most stocks will do a fast pop up the day before a reverse split and i put sell orders in at .15
questions
1 - will it hit .15 on Monday, think it will go any higher?
2- More of a statement then a question, the stock will also get a morning after pop, then the plunge will start...will this stock do the same as most?
3- should I hold and wait for a recovery
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following / trading a few stocks for a while now and beginning to understand their trading patterns...PAYING OFF BIG!!!
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Mcsnacks H Tupack : I would think it would have to fall to .0975 before a recovery. Borrow rate has increased since the 20th but it looks like they still have enough shares to be sold after the RS and it falls to 3.41.
Ultratech : pre rs is a gamble at .11 its not uncommon to see 30% more down or up
TechSavy OP Ultratech : down most likely. typically there is a pop in the morning after a reverse...just seeing what popular opinion is on when to punch out and hopefully take profits. if it dips below .10 it's gone, I will take the 10% loss and move on to real companies, like TESLA
Ultratech TechSavy OP : you should've just bought tesla instead then
TechSavy OP : I sold TSLT to buy this actually. the plan is to make money on this stock and buy back even more TSLT shares
Ultratech TechSavy OP : should've just held tslt then
TechSavy OP : nah, i should be able to make a quick strike here for a fast 10-20% and bail
TechSavy OP : just trying to determine the right time to dump
TechSavy OP : Monday mid day, last few minutes of trading or Tuesday morning just after open
TechSavy OP : I'm a trader, not an investor...I feel sorry for anyone who invested in this loser
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