Palmer
Palmer Dec 04, 17 5:47 PM

They will more than likely do an offering but if you got in at 3.12 you need to scale out as it moves up to bank something along the way.

Noble1222
1
Noble1222 Dec 04, 17 6:42 PM

i think it's at $3 now after an S-3 filing hit in after hours. my recommendation is anytime you have almost a 33% profit then take 50% to 75% of your shares off and bank the profit.

Noble1222
1
Noble1222 Dec 04, 17 6:43 PM

let the other remaining percentage run - if it cracks down, it has to really crash hard to wipe out your profit. if it runs up another 100% you still have a killer gain. i see giys in investors undgd doing this, roland does it.

asfricksrs
asfricksrs Dec 04, 17 7:26 PM

take profits along the way - bank meat of move - never know the news before announced - bank it!

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MrMatt88
MrMatt88 Nov 26, 17 11:45 AM

@SArtAndPlay thank you

Torkers
Torkers Nov 26, 17 6:06 PM

Welcome ! In the beginning everything is really overwelming and thats perfectly normal. Over time you will start adapting more and more . Take really small sizes in the beginning to get a "feel" for the market - and soon you will be more and more comfortable. Study study study - Sign up for stocks to trade wich is a real good software. GL

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MiladyMystique
MiladyMystique Nov 24, 17 4:49 PM

I would say that BTSC is strictly a sympathy stock to what Bitcoin is doing. So, if Bitcoin is up, BTSC will most likely be up, too. In contrast, low float stocks like HMNY, DCIX, KBSF, KONE, etc, on the same page of their stock profile on finance.yahoo.com, you'll see that their float is very low.

MiladyMystique
MiladyMystique Nov 24, 17 4:51 PM

The float is determined by 1. how many shares are outstanding, 2. how many of those outstanding shares are not held by insiders, and I think 3. how many of those shares are not held by institutions (but I'm not sure of #3, so take that one with a pinch of salt).

huperauxano
huperauxano Nov 24, 17 11:44 PM

If you go to finviz website and type in a ticker it pulls up shares outstanding and shares float.

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RBI
RBI Nov 16, 17 2:50 PM

Thanks, that was my guess. So, if/when I cross that 25k mark I'll still need to just make 3 day trades per 5 days until I'm confident I won't ever dip below 25k again. Thanks for the link.

lexNan
lexNan Nov 16, 17 2:54 PM

If after your 5 or 6 trades you total account equity is still 25k or over then no PDT restriction. By account equity I mean the total $$ of securities you are playing with (gain or loss) plus the remaining $$ in your account. However, if you sell all your positions and you end up below 25k after realized losses then you fall back into PDT restriction.

Palmer
Palmer Nov 16, 17 7:21 PM

@RBI yes....brokers have different rules when you are flagged as a PDT. If you fall back under 25K and are a PDT some brokers will make you wait 90 or 120 days before resetting back to a non-PDT or you can ask 'once' to be reset back to non-PDT or simply deposit

Palmer
Palmer Nov 16, 17 7:21 PM

the difference into your account to bring you back above 25K cash. Call your broker to ask what their rules are. They can differ broker to broker...

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PhrozenStocK
PhrozenStocK Nov 09, 17 11:36 AM

its funny... as soon as i make this post, CREG tanks.

Palmer
1
Palmer Nov 09, 17 12:55 PM

welcome to the world of low float/priced stocks...

SFKrystal
SFKrystal Nov 09, 17 4:00 PM

$CREG looks like a great short. up 600% on no news and volume has died down FRTA looks like an earnings winner, but it's going to have a really tough time with 9 and up too high too fast, so this also looks like a nice short opportunity. $IDRA is a biotech up on analyst news (not really news for a biotech). not a spiker, and not really volatile enough to day trade.

SFKrystal
SFKrystal Nov 10, 17 8:49 AM

on 2nd thought, *because* $CREG is such an obvious short and low float, looks like it's gonna squeeze exponentially today.

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LizLele
LizLele Nov 08, 17 1:05 PM

I saw $TOPS on Stocks to Trade in the $1.40 range. Been studying for a year. Paper traded for a few cents then traded it from $1.65 to $1.84 and I thought $1.96 was the top. But then when I looked at the one year chart I’m like oh shit this spikes for two days then drops. And when it was climbing up to $3 then next day I was definitely tempted but then it dropped at the open and I was glad to be out. Give yourself a chance to learn. I’m trying to do so myself. And alcohol impairs reaction time l

SFKrystal
2
SFKrystal Nov 08, 17 1:42 PM

Lol, don't worry, the alcohol was *after* I got out. I've learned so much this week. Plus made everything back and more on my p/m $ONCS trade. Back to a green month. Well, $18 but I'll take it!

JimJay
JimJay Nov 08, 17 2:55 PM

@SFKrystal It's not the $18 you should be thinking about. It's what the $18 represents - a WINNING trade. I think the key to this is taking larger positions and getting out a bit earlier than you think it will run. Consider the PERCENTAGE the trade made in relation to your risk. Congrats!

SFKrystal
SFKrystal Nov 09, 17 4:48 AM

@JimJay I mean for the month. Basically, a break even month so far. Feeling good actually. :)

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huperauxano
1
huperauxano Oct 28, 17 4:27 PM

@Palmer Yeah - I don't consider it as trading for a living thus a different perspective on its seriousness. I would like to win the game however and get to the $1M prize but don't expect to feed myself off trading. Maybe if I get to success at your level my perspective shifts but for now - PLAY ON!

guskaiser
guskaiser Oct 28, 17 5:49 PM

@huperauxano Thank you for your comments. I made a little update in the post that specifies my definition.

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