RE:RE:RE:RE:RE:RE:The LogJam has burst............?????????/Dtraders1 wrote: @ch1nmuzak so far it's all going as planned and yes it's easy money :-)
I bought a little bit more this morning with the few cash I had left from yesterday trading. My average is 2,07$ from 2 days of trading. I am holding the shares until I see we hit 2,50$ or higher then I will sell them in order to inject in AAB for domino effect. If I don't get my price before March 9 then I will simply wait for the deal to close and get 2,61$ per share wich represent a profit of 26% for just a few days of wait :-)
A perfect plan. I was thinking of selling my LIX somewhere between $2.45 and $2.53 ( if it happens prior to MArch 9) too and moving it allover to AAB. Potential 15-20% win 2X on the same play ! Love this stuff.
The small fish who can't afford to take a 30-50% hit , sitting there with their auto stop losses at any 15-20% drop, who are such prey in these situations ... its the next tier of investor, a little more insulated and well off who can really afford to recognize these situations and maximize them.