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Here is what is currently happening.
Went for a earnings hold.. failed. Last earnings was huge.. Risky trade and took a small hit
Should have taken my 10% gain before price action reversed and stock cracked... scary! Ended up dip buying to average out my position better. Had to be patient and crossed fingers it would turn back around. Luckily, ended up with a 10% gain, although this could have gone south on me. Need to cut losses when it's going against me. Stop being greedy! There will always be more plays!
This trade was a disaster. Someone in the chatroom alerted us that this stock looked like it BO. I purchased 75 shares of OBLG at $11.31. It rose to over $12 very quickly and trading was halted so I could exit. When trading resumed and stock dropped on the cliff and I had to chase the selling price and I sold at $10.50.
Got in at beginning of a short consolidation period, so waited it out and sold partial positions along the way, to ultimately take a 10% overall gain. Price action could have gone the other way, so I lucked out. Although this ended up being an all day runner with 321% gains on the day
