I think those 3K shs were mine. I had 23k shs and decided to trade 5k to see if I could make a little money on a few points. Not a market maker or scammer, just a woman trying to make some money. Placed order to sell 5k @ 0.38 when ask price was 0.38. Never believed it would sell. 3k shs did, at 8 PM, EDT. My range of buy price is 0.95 [Will I ever see that again??] from 1/2014 to 0.35 recently. GLTA and patience! We certainly need that with this stock.
Could repeat your question every day. I can't find any answer for the swings in price. Does anyone know why all the fluctuations and not much upward progress in a stock that gets great reviews that only seem to explain things like prices that day and brokers' new positions? It certainly seems to be trending downward, regardless of how many high price targets we see--60/96 per share????? In our lifetimes?
Hope you don't have any shares at 20.00 like I do, bought 6/13. Have lots at lower prices, and have traded
some lots short term, but I can certainly apply your first sentence to my trading. Guess I forgot to make a
plan, like a stock group I joined always pitches. Decide on a losing percentage and stick to it, selling before
major losses occur.
Need some DD on my brain, looking at the numbers I wrote above. The 22.40 refers to RLYP, a profitable trade at 18.50 but not 22.40! My first sentence about company earnings did refer to INFI, currently my largest holding. Last purchase, 7.6274, premarket today. GL
I wonder where you and others find DD on INFI. Every investing article encourages you to do DD on stocks before investing. I agree, but have problems finding anything about INFI as to 'why' regarding price fluctuations. The many links I find simply regurgitate the days moves, which I can see online. Don't have the
same trouble with any other stock I own. Thanks.
Not an expert by any means, but after reading on The Street Insider, company earnings seem to be fees and loans, not revenue from company production. Can't believe I didn't sell when I saw 22.40 premarket and buy back below 10!