Might look to short, BTC is pulling back, so don't know if MARA will hold the after hours move it made on Friday, for the most part these sub $5 stocks that move pre market get sold off by the free commission crowd at open, short piggy backing on that can really pay.
If MARA pops pre market
- Thread starter realtrades
- Start date
MARA holding onto to some gains 30%, ideally would like to see over $3, I should get some sleep.
Stuck with a small account now, so trading the small caps.
hope you don't trade with huge quantity.
I remembered years ago, I longed a penny stock with $50k.
I was a major shareholder ( for a short while).
few days later, I lost $25K.
In those days, I didn't know about day trading.
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I haven't traded anything yet, as the post says I want to see the sellers come out at the bell and piggy back on that by going short, can't trade big size account is small.
In those days you didn't know about Pump and Dump.
right.
Only thing I knew was how to lose money.
Mara up 60%, but no shares available to short, damn.
The crowd selling MARA, non stop from $3.66, wow, since there were no shares for me to borrow, I went with AMBO short instead, which resulted in a 2.16% increase in account value, which is good for me, I know the Twitter crowd likes to post 10-50% gains a day, but for me with only 1 day trade left in my small account, I'll call it a day.