(Mid day Trade) I saw the stock was rising back up from close to a double bottom of $ 1.38. I thought it could get back up to $ 1.60's. My risk was $1.42. A few minutes after I got out. It suddenly dropped to $1.26. It's hovering at $1.32 with very low volume. It'll probably drop some more. As of 1:34 pm $1.20.
My Biggest Profit and Percentage win in months, but nothing huge. I missed on VTL from 56 to the 90 cents. I'm pretty sure I would have held till 80 cents. I simply took a shot and try to ride the momentum till 30 cents, but it had trouble in the 29 cent area. It's less than 21 cents NOW.
Tried to buy when it bounced quickly from 1.30's. Cut quickly when it didn't do what I thought it would. It dropped to $1.30 then grinded to $1.50 before 11am. The Low at $1.28 occurred before 10am and Noon. It spiked to 1.65 nearing the close. Contract winner, but was VERY CHOPPY
I held on to this very slow moving stock for just over an hour from 1:03 pm to 2:04 pm which had support at $1.12 I wasn't comfortable with the Price action of $OPTT. $OESX. I missed the action from $1.08 to $1.43 from 10:14 am to 11:30 am because I was watching $AVEO. I thought it could challenge the highs in the afternoon when volume picked up. It went up to $1.27 @ 3:00 pm.
I was really confident in this one. It checked all of the key indicators. Had news of FDA Approval. I bought it on a dip from the HIGH of $ 6.90's p/m and had solid support in the low $5.80's ( P/M Lows). It never crossed $6.00 in the 5 minutes I had it. Thank goodness I cut losses quickly, because it had a low of $5.12 and right now it's in the $5.20's. AVEO went from $1.20 to $1.53 from 10:33 to 11:33 am and reached a High in the $1.80's and is NOW at $1.76 as of 2:55 pm. (Better Trade)
Another loss after not trading for over a week. I have witnessed plenty of stocks go up or down w/o me. I was in this one for less than a minute. I thought it was going back to the $4.20's and I tried to buy before it got back there. Then it dropped right after my order. My Risk was $4.10. The highs were $4.60's. Again, I mistimed it before the run-up into the $4.60's an hour later. Too bad, I didn't wait another minute before buying.
I almost got my order executed at $.97, but it jumped to 98 -99 cents. Then dropped back to $ .85. I got in at 89 cents thinking it could get back up to over $1. I missed the first dip buy at .93 to $1.15. I got out when I saw it having trouble with 95 cents. It's at 90 cents right now. Don't hold and hope. It's at 59 cents as of EOD 3/6
This was not a good trade. Thankfully I realized I made a mistake and got out before this became a loss. It dropped to 2.15 real quick. I was in this trade for 64 seconds from 11:44 am to 11:.45 am. If I got out at $2.15 it would have been at $25 loss. The Double Top occurred almost an hour later and it dropped to $ 1.95 real quick (20 minutes). $BPTH was the stock of the day. If I timed my entry and exits. I could have traded it 3 times and made over $ 1000.00.