Missed this alert while going to pick up dinner!!! GRRRR! COVID-19 stock submission to the FDA for approval for vaccine and testing:https://finance.yahoo.com/news/electrocore-submits-emergency-authorization-application-200110576.html. I knew it wouldn't do anything other than AM/PM activity based on the previous chart and news/spike just earlier this month. Sold too soon though but came away with a nice profit!
Bought this former runner/spiker on news of COVID-19 Virus treatment. I bought on the dip intra-day. I nearly hit the exact bottom just a few pennies off. I was down about $600 at one point and that was painful to say the least! I've seen countless tickers get pounded in Pr-market, sell off at the open, consolidate throughout the afternoon and then spike between 1:00-3:00 pm. So I nailed it today! :)
After the first trade, and being that i didn't get executed, I saw a good first day dip opportunity and grabbed it at 1.54. It was actually a bad dip buy but I had to wait it out and sure enough, on a first green day a stock has momentum/catalyst, will have the probability of several dips and up-trends, so I waited and sold into strength very near to the top of that spike!
This thing spiked like crazy pr market on a great catalyst! I tried but didn't get executed at the open but got in eventually but not all shares. I tried to buy 5000. Exited at good strength and saw another opportunity on the second time I traded this stock today... All in all, nice gain.