I got burned twice in 2 days in the same way. Got in on ATH yesterday and was up 60% when the trading halt hit. Drove to work and when I arrived the price was below my buy in. I got out for brokerage but I was incredibly lucky to do so.
Today in OSX, with a big chunk. I bought in at $1 and was about to sell 50% of my holdings at 1.45 when the trading halt hit. I managed to get out for about a $30 loss so I was lucky again.
However WHY do some stocks have trading halts that go forever? Who decides? Why did DVL go up 1200% with only minimal trading halts? I am only pissed because it cost me money. But I am still pissed.
2 trades in 2 days where I was up over 20% but got caught by a trading halt.
Nearly bought in SE1 at .4c but missed my window and then it ran.
Nearly bought in on BRN based off the ramping but held my impulses and am glad I did. For now at least.
It sounds silly but does anyone think tomorrow will have a 1000% gainer? 3 days in a row so far.
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- Day Trader’s Aftermarket Lounge 2 July 2020
I got burned twice in 2 days in the same way. Got in on ATH...
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