RE:Never buy this over $10MUTHATRUCKA wrote: Nobody ever believes that it goes back to single digits but it always does. I usually swing trade this about three times a year. It's easy money if you stay away from the hype and look at it from a practical sense. When it comes to Aurora I trade the range. Sick of people talking about how it's going to be $25 next week or $30 a month from now... Nope! If you're looking for easy money this week checkout scyx. Been on an uptrend for months, big news coming out on the 13th and it has a history of spiking up on news. It should be running all week.
I don't care if
SCYX gain momentum with the pumping campaign, this is still a very high risk speculative stock that lost .28c/share in the last quarter. It is still lower than its last year high. This is a Biotech for speculative traders. If the drugs do not work as intented, this stock is worthless, kaboom! Thank you, but I stay with my MJ stocks. Btw, if it is so red all over, it is because of the tarif threat from the US to the EU. So you have the credibility of a little monkey scratching his nuts. :p
Also...
Concerns about U.S. earnings have dragged on global equities in recent sessions, though a robust jobs report last week helped to soothe frayed nerves.