RE:RE:Pre-market head fakesTempo1 wrote: Pre-market always means nothing.
The orders placed more than 5 minutes before the open are from beginners, multiple days orders (always conservatives) and people who will be absent at the opening. Nothing serious.
Real investors wait to the opening after seeing the real trend of the stock.
Why placing an order at 9 ;00 that you will have to adjust 1 minute before the opening or take the risk to buy over the price of the market. There is absolutely No reason to place on order like that.
I do it often , mostly place bids as low as possible and some oders get filled ( not many) . .. There is always a panic seller willing to take a lower profit and dump the share when he/she thinks the market will take a dump ... I had great success lately with SHOP ... played with AC until the game wasn't fun anymore ... got stuck with some BCE but it will still bring in dividends so I can weather this storm ... remember folks , they want your shares or your money ... GLTA