An earnings play, announced three days ago, which announced a smaller operating loss from the year-ago period, and showed a positive cash flow as opposed to the year-ago's negative cash flow. I thought it had legs, and my goal was to make .50 to 1.00 on this earning's winner. My mental stop was set to 2.15 and 2.10, planning to lose .10 to .20 a share. I was hoping more volume, over 500k, would come in, but didn't, and I didn't like the chart pattern or the widespread, so I got out.
*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.