Damir's Trading Journal

Quote from OnTheEdge:


I did add 2500 to this stock at 1.65, so I thought I'd take those 2500 at 2.15 if it gets there today or tomorrow. It has today hit 1.93 and fell back a bit.

Oh, nuts. You're probably right. I'll see about closing before day end or in AH. Something is happening.

If I could get back $15 on the position I had when it was at $30 I'd be pretty happy. That only requires a how many thousand percent increase?


Wouldn't be LOUD would it?
 
Hi, pleased to meet you! No, it's not LOUD, but I actually do hold a very small position in LOUD, and I'm using an AIM method on it (contrarian method: adding small amount of shares when it drops, selling off a bit as it rises) while I'm waiting for its next huge pop. I've traded that one.

I don't trade many penny stocks: mostly I got stuck with some as a result of their devaluation during the bear market. I am in the Chinese Portals, as of more recently, and a few other Asian stocks.

My penny that's moving, it still doesn't have news yet. I consider that good, because if it's moving in advance of news, unless the news is a buyout at a much higher price, it could sell off on the news, so the longer it takes for the news to be released, the better for me. If it runs up for a few more days before any news, that's very nice for me.

Of course, I won't be really happy till it's back at 30, which should make me a pretty unhappy person about this stock for a long time. lol But temporarily, I'd be thrilled with a run up to $3.

Is there a LOUD thread here? Are there stock threads here? Gosh, I haven't even looked around yet. So, are you holding LOUD?
 
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