You ever trade crazy stocks like SGBX?

[JesseJamesFinn1]

was laughed at for shorting it at 11.19. Knew they would do an offering.

Good Short, that's why I don't hold these overnight and try to get out during the After hours pump! Did you have any trouble locating shares because two bigger online said they had no available shares.

 

[JesseJamesFinn1]

There is nothing crazy about this stock.

Day traders love such great stocks ;
you enter position during early morning &
close position before end of day.

A good stock screener is important to screen out such stocks.

Absolutely! Esignal Market stocks and Sectors and LiveVol had a good option scanner.

 

[comagnum]

Stocks like SGBX breaking out on a volume can offer several highly skewed risk-to reward north of 50:1.

You really need to know what you are doing since the counter swings are very large & luck will only take you so far before you get unlucky.

You trade enough of these small/micro/nano cap breakouts and you will find a number of repeating patterns in the chart, the tape, & the calandar.

 

[The Humble Bunch]

Good Short, that's why I don't hold these overnight and try to get out during the After hours pump! Did you have any trouble locating shares because two bigger online said they had no available shares.

I shorted 33,000 shares short. I use centerpoint, I don't have to pay locate fee because if I can't find them, I can't. Do the math, that's what I'm currently up right now

 

[JesseJamesFinn1]

These are great stocks to trade, amazing!

 

[Bizmark]

Volatility big, I never looked at these kinds of things in the past but am paying more attention to Small Caps now.