$2,355 profit REFR Long Stock
Entry comments: I bought this former multiday-runner on its multi-month breakout but off its highs at 3.14 as they're at an auto show now unveiling this new headlight technology https://tim.ly/2Vzny5K with one of their investors/partners, Gauzy and BMW...here's the PR from 2 days ago https://tim.ly/3jWOINg but Bloomberg & other sites just wrote about this as the auto show goes until the 12th. This new tech could help EV companies like Tesla so anymore press/PRs & this spikes more, goal is to sell in ...
Exit comments: No press release or news articles on their new headlight technology and more importantly, I actually tried adding premarket in the 2.70s before it bounced to 3 and Etrade tells me "opening orders for this security cannot be accepted at this time", I have no idea why, but that'll likely be an issue today as it might choppy again between its recent range $2.70-$3 so no thanks, I'm out and playing it safely, I'll review with a video lesson shortly too.
Bought REFR at 2.8 on Friday then sold it early afternoon today. The price went down so I took a little lose. I lost $8.70.
I know it's not day trading, but I took a look at the chart and previous news. I think it's only a matter of time (months, maybe even a year)before REFR spikes above 5.00. I like the tech. This isn't just a pump and dump penny stock.
Took about $700. loss on my 2k shares of REFR
Thanks Tim!
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