Risking 25k+ for $500 gain..? Am I missing something lol
Entry comments: I dip bought this recent runner into its big morning panic, classic http://tim.ly/sykesmorning panic pattern, a little higher priced than I like, but goal is to make 30-50 cents/share on the bounce
Exit comments: Whew, even though it's a higher priced stock it's still a rush and my goals have been met so I won't get greedy, solid profit here
He isn’t risking 25k. His risk was probably somewhere around .10-.20 cents/share.
AMEN!!! You're right. It's a win. Base hit!
You guys are missing the catalyst. Never do anything without a catalyst. This stock is a few months old and just switched from otc to nasdaq. Its probably going to be rocky (lyft IPO), but theres potentially a massive spike.
Where's the resistance line in this stock?? There are no pass results so how tim knew where to enter without a resistance line??