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Very frustrating... Had lot of short sellers and thought this to be a short squueze since the CEO of the co. hyped the stock on Twitter by buying the stock double the current price and also was Earnings day, in the hot sector. Learnt the lesson painfully never to listen to what they say.
I 'm so frustrated myself on this trade. I wanted to take a profit and get out, but end up stay in and loose big %. When this cant go above.90, my instinct was telling me this might come down, but I thought it will try spike again, so I waited. Now, I feel like what I have been studying all this time??! Cut loss quickly was number 1 rule. I have been missing spike cutting loss quickly and spike big later or even few days later and regret it, so it tempted me to stay in trade instead. bad idea.
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Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.