Hi Kevi,
The price action on ORD is typical for a minnow at that particular stage of a rights issue.
Very tradeable in its consistency in fact... think about the players and their needs and wants :-)
I was surprised you decided not to execute stop losses on these puppies when the game was revealed. ORD have a colourful past and need to be traded with ruthlesness imho...
But then so do about another 200 others like it... lol...
First time in months the speccy end has me excited again, a test of skill once more.. as opposed to easy money for all...
I reckon lots of momentum monkeys have been bent over lately, treading water at best...
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daytrade diaries... december 17 part 2, page-41
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