Day traders' after-market lounge October 10, page-6

  1. 1,868 Posts.
    lightbulb Created with Sketch. 246
    If your into multiple trading of same code over time for 2 to 3%  per trade on relatively large trans size (say > $20k) at low risk have a look at PRN.
    Mining services so not a stock you would probably invest in but Good FA, low PE mid cap with high liquidity.
    The kicker being started a 10% buyback over next 12 months so could be a small source of recurring income over next 6 mths or so.
    Just check the buyback team in market (check anns) and buy on support and dont get greedy, rinse and repeat with buy back team in your corner.

    Anyway for the forum to ponder, have started trading it. LOW Risk, if you totally stuff up the timing your holding a mid cap in an ever so slight ascending trend supported by a 10% of capital buyback awaiting exit, life could be worse.

    Good one to look at on overnight DOW cark mornings to take advantage of early panic.


    prn_ax17oct23_to_24oct24.png
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.