it's getting to be a standard routineMost of us are used to it by now, short of strong positive rumors or news, the SP drops rapidly into the red and deep pocket people grab small investor stop loss orders and then slowly climbs back up to opening bid either the same days or over the next couples of days.
I know I sound like a broken record but many small investors have no idea how to properly set a trigger price to protect their investment but at the same time not to give away their shares to deep pocket people.
For years, I played these short cycles of a day or two and made tons of money doing it. Yes there are some risks but it is like at the Casino. You do not need to winn 100% 0f the time to make money.
Just sit down for five minutes and figure out how much money you would have made over the last week by selling at opening when the SP start dropping and buying back near the low point of the day.
This is not luck as it is almost 80 to 90% predictable that unless there is a real negative news that the SP will climb back up over the next day or two.
Thank you "Mr/Mrs I do not know any better" for selling me your shares cheap so that I can sell them back much higher price.