Day and Swing Trading APHAI always hold a small position in APHA, because I know that APHA will often open higher at the opening. And, sometimes, this stock opens lower.
Though I hold only a small position at all times, I day trade or swing trade a sizable position, which often results in a sizable profit.
In my opinion, the buy and hold strategy is risky. If we look strictly at financials, APHA is overvalued, so there is always a risk that the top is in at $40 or so a share for the forseeable future. There is always a risk that APHA will tank to a recent low of $18...,.or so.
The other risk is that the share price moves up or down, depending on the value of TYLR, because once the merger is complete, stockholders will get .83 of TLyr stock for every share of APHA. TYLR is a stock that is run up and down by stock traders, so there is huge volatility in price. Last week, the stock opened $2 higher than the previous closing price on Friday of $21... or so, and then pipped to over $28...on Thursday..
That is a swing low and high over $8 in 5 trading days.
Anyone doing the buy and hold strategy is having to stomach these huge share price swings.
You can make more money from day trading or swing trading than embracing the "buy and hold" strategy that can easily make you a bag holder or profiitable investor from one day to the next.
But to day trade or swing trade, you must have an understanding of charts: the uptrend, downtrend, range, swing high and swing low.
If you read a weekly chart, APHA is in an uptrend on the monthly chart, but a downtrend on a weekly chart, which is showing a lower high and lower low for the week, compared to the blow off top of $40... or so the previous week, when the stock popped $10, and then reversed.
The other essential knowedge you must have to swing trading or day trading is an understanding of a few key technical indicators, especially moving average and moving average crossove, volume--bullish or bearish, Relative Strength Index ( RSI), and Bollinger Bands.
Given the high volatility of APHA's share price and the unpredictability of its share price, I believe it's best to hold a small position, which has a much lower risk and day trade or swing trade a large position of 100 to 500 shares or more...
In the first 5 minutes of trading you can easily earn several hundred or thousand dollars.
But to do this, you must trade with a chart and technical indicators, which everyone can quickly learn on Youtube, where there are some excellent educational videos.