RE:RE:BIG BID/ASK on WEEDWhen everyone puts a stop sell to protect there profits on a very volatile stock. There basically screwing themselves. You think it protects your profit but all it does is cascade the price down faster then the market can handle. Personally I think it's hilarious. Since the ride back up takes minutes. They then are forced to buy back at the higher price. While the guy who started it gains position. Personally I'm putting a couple bucks around $8 - $9 and hoping for it, just incase the cascade starts. Get me a extra 40% return on the panic selling.
orphanblack wrote: I wonder if it's a good idea to use a trailing stop in case the market overloads again
Mick1Edwards wrote: Tomorrow's open at $12.80. I don't know about that but a few of the longs here are calling for that number. I tend to agree. We definitely go into the $13 range tomorrow