It can work in your favor. I got out of this a little over a year ago with 1000 shares "all or none" @ $9 (bought @ $7). Hour or so later saw it traded over $9 and no executions. Came back a couple hours later and they all sold at $9.35. Nice kicker but if nobody wanted 1000 shares it would have been a pain.
Sell 1/2 on any option double. This is so volatile a gain can be wiped out in the blink of an eye.
It's so sweet having free stock or contracts!
Got my Feb 35 puts on short covering rally over 40 for $1. Think I'll have a double or more at open and sell half. Could have sold for 70% in 1 day but agree it is going much lower.
Always sell 1/2 position at double...standard policy for me
I agree as well. Live in St Louis, and the market here is almost all ARO for all ages. Even see a lot of adults wearing the clothes. Rough estimates is 10-1 vs Hollister and American Eagle apparel. Asked some high school and college students what they're seeing at school and all say ARO is tops.
This may be different in other parts of the country, any ohter observations?
Agree and well stated masterq2003. Ignore him if you wish, but don't blame him when a stock doesn't go the way you want it.
If you believe the fundamentals and business model is good then hold or add. If not, sell...pretty simple. That's what doing your homework is in a nutshell.
You could very well be right. But people were saying the same at $4/share...and likely a lot of people were saying it at $5 and $6 when it peaked.
It's more about opportunity/risk. Better opportunities are out there, so why wait too long when you can make money today.
If the company is for real and the numbers are true, it looks like a great buy. Just nobody is buying this. Still holding but itchy trigger finger.
Thanks all and good luck on trades/investments.
Thanks Guys...we all wish we got those .20 to 4-9 $ range!
Re: the decline in sales was Q to Q, but don't think this is a seasonal business so that is concerning to me.
So I'm seeing pretty much risk here to but will try and hold on a little longer till earnings. Who knows, can't take much more loss on this one.
I get it going down on bad market days but it goes down on good market days as well. As you both stated is the risk of it, for all we know it may not even really exist. Hate sounding so negative as I had high hopes for DHRM but can't help but wonder if people know something we don't.
The other stocks mentioned we know are real companies (yeah, GLW was a great example and wish I got in on that one!)
FWIW, am in at 4.25, so am really taking a hit now.
Appreciate the intelligent responses...don't see that too much on low-priced stocks.
Guys, I'm ready to bail on this one before I lose more.
-It's done nothing but go down the past 5 months.
-Sales decline in latest quarter was huge.
-They are a microcap with 2 institutions holding (probably the underwriters).
-Negative cash flow.
-Chinese company with little credibility if any regarding any truth in it's numbers (much less existance).
On the plus side they have a low PE.
Any feedback? I can think of too many other stocks where I'd hope to recover the money I lost in this.
Was hoping it'd be another BAC, F, LVS, NVDA or RT all which I caught around the bottom, but thinking I made a mistake on this one.
The PE ratio is still way too low. I'm thinking this has just gone under the radar screen of many investors. Unless there is concern the earnings reports are bogus.
My first take is the likely case and people just don't know about this based on low volume. Hoping the value is discovered soon...kind of been a painful hold when so many other stocks have done well.
Best I can figure is it not many people know about it. Would really like to see some institutions noticing it!
I'll be patient on this one.
With earnings of $1.03/share, i think it is a wise buy. Some stocks go under the radar screen for a long time, think this is one of them. Time will tell!
Good Luck on all trades.
While any low priced stock has more risk, the PE ratio is low and in time should go up to support the EPS.
I'm not predicting it will go to the moon like you hear so much, but yeah, I think it will go higher. News could change this one way or the other pretty quickly.
Holding small position.
They are desperate to save money, was at Harrah's St. Louis last week and they have EMT's doubling as security and doing table game chip drops. What happens if there's a medical emergency and those trained to handle it have to watch the dealer count chips instead of saving a life.
PASS as well.
Yeah, it's kind of weird with solar stocks. It's happened before and they have always come back. Just a choppy sector IMHO.
FWIW, I bought at 7 sold a few weeks back at 9.50, then got some Dec 10 calls with a small portion of profits. If it doesn't come back by then I have small loss on the calls but the gain on the stock well offset it. Hoping for another rally,
JASO is worth more than current price. I'd be buying if I didn't have the calls.
Thank God for the "Ignore User" option.
Life is too short for negative and arrogant people.