i bought at intraday low of.50.sold at 10.00.that 190,000 profit would been great now that i am retired.who would thought wireless would took off like it did 15 yr ago. the way cable is overcharging look for dish, etc, and others to continue higher.
did you watch and learn how short a stock. this best i seen in 42 yrs. i missed entry point, but i never would thought it hit 33. thats why you buy a few shares and keep dollar averaging.i didnt average because i wasnt pulling money from other stocks to put much into this one.hindsight i should have. i was patient as it went from 10.34 to above 33,held on and it came back to me
as i said 2 months ago. 90%time run up like that dont hold. its only reason i short a stock as dgly
shorted @14.34 and it was awful ride to 33, but back in green now. long 5000 firstname.lastname@example.org to 33. then short 33 to now mm made a cool $260,000.best pump and dump i saw in 42 yrs.
if you professional you did short at $33 right? that be about $52 profit per share going long then short
i email@example.com rode it to above 33. and wasnt putting anymore in. its hard to say but believe its going lower. worse short i made in 42 yrs
i firstname.lastname@example.org and stuck out the ride to above $33.00. worse one i shorted in 42 yrs, but i am finaly back in green
if you can log into message board, you would have saw the daily price. might be better at football
place an order to sell short.you betting the stock goes down.if it goes down you make money.its not something you want to do regularly.the odds are against you more betting short than playing long so it is high risk.i only do it if i see a stock rise 25% or more in short period of time
patience,pe,earnings,growth,dont get greedy is my advice.been in stocks 42 yrs.dont let one bad play discourage you,we all made bad picks.remember a stock doesnt go up 4fold and hold 90% of time,unless it may be a biotech that hit a homerun,and i wouldnt place much of a bet on a biotech cause they strickout way more than homeruns.buy a good quality stock and let it build up thru the years. at your age you got lots chances before retirement.
i tried to help longs out into taking profit.they got greedy and will end up making nothing or losing. biggest pump stock i have seen in few yrs. yes it might bounce back tomorrow,give it a week or two and it will be single digits
a professional would have took the gain from 3s to 16 and would have gone short or sold and bought back in lower
i tried to get longs take profit and short @ 14,15,16.greed bites