I always laugh at the dumba$$e$ who don't know how to buy and sell.
Perfect example today are the people who have loaded up their selling in ZEO at 10 and 10.5.
Now this would be smart if you're a buyer, and trying to keep a lid on the stock......but this selling is too far away to be helping that process.
So...they are actual sellers, but they're too stupid to realise that if the stock gets back up to that price it will be on news that re-rates the prospects of ZEO, and then you wouldn't want to sell at 10/10.5 because the share price will be going much higher.
Trading rule: don't leave active sell orders out of the money, high chance you will be selling too low if the stock gets there. You will still have a chance to sell just by keeping a daily eye on things.
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