$FORD was a big spiker from $2.33 to $4.45. I bought at $3.33 when it seemed to be moving up and it was about to cross VWAP. I stuck to my plan to not lose more than $0.20 per share. It kept drifting down so I sold at $3.13 for small loss of $69.00. I think the lesson here is that it is best not to trade between 11:30 – 2:00. $FORD cracked around 2:30 and closed at $2.91.
$GNC was one of the top % gainers premarket on good earnings. It does not have a good chart and it went from $3.50 to $4.80 in about 30 min. I experimented with this earnings winner and shorted when it just crossed below VWAP, and then covered when it looked like it could bounce at $4.60 for very small profit.