Retire_early2020
Retire_early2020 Nov 10, 15 11:49 AM

Yes...the company is more than likely a POS, as 95% of penny stock companies are definitely trash. "Gap and crap" on positive drug trials happens. Only time will tell. If you honestly don't know what to do, its best to sit on the sidelines and study.

Retire_early2020
Retire_early2020 Nov 10, 15 11:50 AM

I'm not touching this one, as the chart pattern is all I need to help lean me towards a more informed decision.

epetroka
epetroka Nov 10, 15 11:59 AM

Good advice. I'm going to wait for a definitive move in either direction before making my decision

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TheVulcanTrader
TheVulcanTrader Nov 10, 15 12:48 PM

I'm having a hard time grasping the stupid concept of the PDT rule.. Is it only for margin account when you borrow shares to short? and does it still apply for cash account?

ProTraderCharts
ProTraderCharts Nov 10, 15 1:29 PM

@TheVulcanTrader - it applies to all accounts under $25k, unless you open with SureTrader - as the business is based outside of the US. PDT otherwise restricts you to 3 day trades per week. If you carry the trade overnight then that does not count against your 3 trade limit.

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