Exactly, watch closely and finger over the ‘sell’ button ready to strike at any time
Re ’blue chips’, at least there is plenty of liquidity there. Most stocks mentioned on the daily threads here are usually only liquid at a decent level during the pump. Hard to exit once the pump is over. So many get stuck there. EMT, NAE, SLZ, MAG etc examples of this just in the last few weeks.
It’s all in the longer time frame charts. Bursts of volume and price action and then back down to earth trading $10-20k a day if lucky.
Not a commentary on the fundamentals on any of those stocks, they may be good / promising indeed etc. But a quick peek at their daily will demonatrate the above
At least with say FMG trading $100m a day pushing that sell button will almost always mean a quick exit
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Exactly, watch closely and finger over the ‘sell’ button ready...
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