I began the week with a nice 15% gain on the ticker $TOPS. Then, after a couple of hours, I decided to get back and bought some more shares of the same stock, thinking it was going to break past it's two month high and it didn't. I ended up buying at it's high's and I held through it's panic all the way down to the low 40's until finally it got a bounce. Depending on what it would do, I was either going to sale for a small loss or I was going to hold over night, thinking it will gap up again. Since it finished above the 50 cent mark and it seemed like it wanted to continue a spike, I decided to hold over night instead of selling and taking a smaller loss, thinking it will spike. Now, if it get's news tomorrow morning, I think it does have the possibility to break it's two month high, I will wait and see. I'd like to get your thought's on my current play and tell me whether I made the correct play...
Join now or log in to leave a comment