Now I have to figure out the errors in my math model. I think the error has to involve that I timed it and not that I waited for the opportunity. But it does show that I was three days late. It is time to refine and redraw what went wrong and what went right.
bradly, young man - take it from an old timer, semi-grandpa kind of guy.
Follow the insiders, they will tell you what to do - when they sell, you sell.....then know enough about the company to figure out when to buy. I'm sure the bounce was just the MarketMaker raising the price, so he can sell back the shares he bought at $6.xx
Don't ever try to time it perfect (although i must pat myself on the back for calling $6.xx only 7 weeks ago). The chart clearly shows someone figured something out on Oct 3rd as huge volume and huge price drop hit the stock.
Unless you have a group of physics-math majors behind you, don't bother with formulas....and if you do have this group, don't bother with formulas.
the after hours just dropped to $6.xx again, although i don't put a lot of credence in those trades.
You dont understand. I have seen this pattern in numerous stocks and even on the s&p500. This was my test of this pattern looking at it in the present instead of looking backward. Now I want to do it more times like this to see if it will be a success or failure. It is not about investing but this is a hobby.