OTCPK:WSRLF - Post by User
Post by
miner49er62on Feb 11, 2010 2:36pm
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Post# 16776603
day trader trap
day trader trapI've been watching the day traders selling into the early buying and then bashing all day to buy back 2 cents cheaper. Sounds like chicken feed but if you make 2 cents on 100,000 shares you get 2 grand for the day. However in a real deal like WZR you risk the trap of shorting in the morning and getting bit in the afternoon. That is what just happened.
Very risky to short a real deal that is just starting to blossom, one fund or analist starts to jump in and your done.
Love it.
Miner