Liquidation on low volume, high beta stocks

View attachment 237839 After seeing mskl's post, I looked at a chart for KELYB. Seems the same sort of think happened August 11, price went from 18-78. so, unless you do absolutely no digging before you buy into a position, you would have had adequate warning that it COULD happen, because it HAD happened, less than 2 weeks ago.
Stops, man, stops. Don't leave home without them.
For sure! Stocks have "behaviors". That one looks like a clear trait.
 
Sorry to know your loss. But this spike doesn't look like a price error? It lasted 1+ hour. Curious what happened exactly. This looks like the negative crude future back to March. Something must be wrong.

It's a pump & dump scheme. Same thing happened 1 week + ago too.
 
They say it's their policy to always auto-liquidate, no matter what.

So according to you it is not true, and this auto-liquidation policy does not exist?

Sorry to hear about your loss, in any case.
 
Low predictability, low frequency , marginal edge. AND not scalable enough. Not a bread and butter for me, and that is what I was searching for.

Were you trying to go long before the pump or short before the dump?

If I may ask, what kind of indicators were you using to predict the pump, for instance?
 
Back
Top