STL 0.00% $1.90 stargroup limited

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  1. 1,194 Posts.
    Matrix, it caught my eye when I was scanning some cheapies with potential (hopefully) to move, around mid 4's at the time.

    Checked the basic "story" for opportunity and read the forum "chat" mainly followed by Alpha.

    Asked Russ to run a chart.it was 5.1 then, and it (the stock) ran on the same day.

    Took a position (1 mil shares) at av 5.5 then watched it run through to 7.8.

    Researched further and wasn't fully comfortable with the "engine" and about the same time the buying and selling was wierd.

    Followed my gut and got out with >13k profit.

    Still think it will kick on from here though. Question is for how long

    Just lost my comfort factor with it.
 
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