AMDA Trailing Stop 5.00% 0.7602 07/24/15
Amda I'm playing this baby until I get my fda approval which is in this quarter and I believe the 3rd quarter is july/aug/sept so I will be in this one till then.
You can play her by holding till fda but you will not make that much money plus, you could lose your azz off for not selling to take profit. Learned my lesson the hard way before. Even with potential news, the market has many crooks they called market manipulators who has big bank that can move the charts and numbers. Just ask them pumper and dumpers.
So my play for today, I sold at .76 which is a huge gain taking big profit especially when I was already invested in the low 50s. In one day, she went as high as .83 , around there for 40% rise. wow. Glad i put a trailing stop at 5% and sold and she dips which is expected and panic sell takes over. I loved panic sell, I will hunt for these cheapies. I got in again at 0.66 and continued to watched her. The last 10 minutes before closing today was fun to watch. It gained speed with 1 million volumes coming and she closes at 0.74. More profit for me. Market closes so I can not do anything with my shares now. I must hold for monday and hoping for another green day to do it all over again.
Looks like after hours (AH), someone sold some so she dips to 0.7399
+0.1999 for the day.
wow, after hour people are fighting in the dark. Just saw her tip to 0.74 then back down to 0.7399
With any potential hot ticker, you have to hold for the next day opener because pre market will determine everything. It is hard enough to get your orders filled and if you do it real time with high volume, them tickers are constantly moving so fast that you have to change your order pricing with it or take a loss. If it is a hot stock at opener, good luck with getting in a buy thus why I buy and hold until the next day. Only thing I do now is set my trailing % stop again to protect myself if she dips at opener. If she continues to dip hard, I will enter again on the low and try to ride her up again.
I've learn not to jump around stocks because it can get confusing. The moment I don't look at one because I have a meeting to go to, it goes down then what? I rather just take one like thus and hunt her till she becomes my really bad ex gf. Milk her and take her money and run and try to hit up another girl and do it all over again. Plus, I'm still learning on different techniques out there.
Can't wait till Monday. This hobby is fun because it pays just like a habitual poker gambler. If one must lose on any day, lose small but when we win, we will win big. It all adds up during tax time.