I sold the shares I bought on Friday @ 4.66 and went short @4.65. I see 4.52 close today.
Very foolish.just hold this for a few weeks or months to get 6 to 8 or more a share.Save your commission cost and collect dividend payments..try bingo or cards or something.lol
Unrelated to ACI, I am also long 11,000 shares of TPLM. It is a good buy at less than 6.50. Earning are expected soon and it should get a nice pop.
If it does not go you way, at what price you exit? What is your virtual stop order price?
If the trade goes against me, I will cover if it crosses 5. Ideally, I am looking to cover @ 4.45 or less. I closed out way too soon on my last short position.
we will follow closely