mitchr24

Hey @markcroock good evening, quick question that I'm not sure if other people are gray on as well. We see so often that when offerings are announced they are perceived as negative (if they are offering at a discount) so what about on the other hand if the offering is say at $6 when the stock is trading at $5.67. I take it that is seen as a positive sign but, 1.) Why would a company do this and 2.) why is it perceived as a positive sign. See $DEST as this is what my question was kind of based around. I am not positive if you have already answered this question before so my apologies if this is like you're 8th time getting the question. Thank you Sir have a good one.

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timothysykes

$280 profit DEST Long Stock

Entry comments: I bought this earnings winner on strength that I alerted in chat premarket, goal is to make 10-20%, good volume/breakout

Exit comments: I tried to give it time, but I'm SO impatient when I have a crappy entry like I did, giving live webinar too, will do video lesson explaining more in depth...wanted it to break day high of 4.60 convincingly, but it's just looking toppy so I play safe and lock in roughly $300 in profits, potential re-buy on nay big dip which I'd be more comfortable with

battleground
1
battleground Jun 14, 18 10:10 AM

Good play, I was late in looking at it, saw same thing not passing resistance so shorted it at 4.60 (got 4.61) and made 40 bucks on my tiny account in a minute. Just took the meat didn't cover at the low

rlwjd
rlwjd Jun 17, 18 9:13 AM

Just signed up for pennystocking silver so I am in a bit late on the plays, but would the previous close be considered a gapfill close? Would a position around close / AH be good in this case to sell into a potential morning spike / potential multi-day breakout? Any response / opinions will be great, thank you.

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