What I see is an exaggerated movement on the share price. I used to buy more $$ than my account expecting to sell it within 3 days before clearing. People could have bought at the "trend" then upon the news coming up, the big sell down caused a knee jerk reaction that lead to a cascading of the share price from people offloading shares (as one does not have money to pay for).
In the market pretty much..if there is such thing as a sure thing... you will lose money. the velocity of the movement of this stock mean..we might be looking at $1 soon. We would normally see a rally in the open then fade at closing.
good move daytr to move in and out as that is the way to make money with a volatile stock like this. Any rally would be massive. Let us wait for the referendum in switzerland.
A perfect stock for day trader! indeed.
superox
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1 | 12518 | 16.980 |
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