Post by
Shirtlessnomore on Dec 03, 2020 4:53pm
Something told me to bail
At 2.50. I'm glad I did. I'm not sure what the deal is here but whoever said it could shoot right down as fast as it went up was 100% correct. What a beating in one week, this thing looks like its march again. I'd bet the farm it was insiders who bought it up and retail who dragged it down.
Comment by
Capharnaum on Dec 03, 2020 6:27pm
Low trading volume makes the stock very volatile in the short term. It went from $1.90 to $2.60 on about 100k volume ($230k of transactions). Now it went down from $2.60 to $2.00 on 55k volume ($126k of transactions).
Comment by
Shirtlessnomore on Dec 03, 2020 11:00pm
Interesting to see the numbers on the rise and drop.
Comment by
Shirtlessnomore on Dec 15, 2020 9:04pm
Ok I patiently waited and got a few for 2.05 today, hope I can add a few more
Comment by
Capharnaum on Dec 16, 2020 4:00pm
I was hoping for a retrace back to the 1.90s to add some more but it might not happen. I think that once we're past covid this should get back to the $3 range and restart a dividend (although I'd like to see the dividend around 24 cents per year instead of what it used to be).
Comment by
Shirtlessnomore on Dec 16, 2020 8:56pm
Lol, that's what I was hoping for as well but the opportunity knocked at 2.05 I thought I'd take half my position back, if it gets to the 1.90's I'll take the rest if not I'll ride what I got but at least if it goes back up I'm in. Ahead of the game at this point with my earlier trade. Just a lucky one there