RE: Why do I feel like this OPL is a scam?My comment is then day trade the stock only, until we see signs of confirmation either way. Many stocks over the last month have been taken out of their high positions, and may not return there for sometime.
The volatility on this stock is crazy, three days ago 40%, two days ago 27% and Friday 31%. Even day trading can get killed, as I did, but also made some money.
I am a recent trader, so can't offer much advice to a seasoned trader, but just do what you know and follow the system you are using that made you money.
One rule I have for my trading everytime I trade against it, I have been burned. But greed tends to get in my way especially when the stock is going up and I am watching it with no position.
I will be watching for an entry point Monday if the stock shows support and a up trend.
RT