Here's one....you should have sold above or near $9. That's why you buy stocks to actually make a profit....no?
Retail moves higher. Yesterday may have filled a gap for now but still more than 3 hours to go. A close above $26 may bring momentum guys back. Trouble breaking $27 recently so for now I guess you buy around $25 and sell near $27 unless some powerful story shows up to change that.
This was a pump and dump based on the analyst pumping the possibility of other big names signing agreements too and the small float with momentum guys plowing in because of that float knowing shorts would cover. Do you understand this was 10% of their revenue and the stock was up 100% in the AH? Until others sign with PXLW this will fade. The stock is in the $7.30's right now so either sell and buy lower or hold and buy more under $7. Your gains are about to evaporate.
Exactly...I never traded PXLW before but up 100% in one day with the AH thrown in based on a 10% revenue number and the analyst who upgraded it to $10 yesterday pumped his upgrade by saying that QCOM and many more "might" start licensing agreements too. Those agreement if they ever happen will take time and the bid always fades until then. The pumpers on this board were just too excited about yesterday's move and the wet stain in their pants after 4pm.
especially when it was up last night over 100% in the AH in one day. These were momentum guys playing the small float yesterday. This happens all the time like I posted last night yesterday was about stock supply and demand today it's about profit-taking.
I kind of laughed last night at the posters who thought $12 and higher after it was up over 100% in the after hours in one day. This is the market not fantasy land. I was shorting that $9.50 area last night along with the upper $8's near the close. Just covered too near $8 too soon but that's OK. The momentum guys came with the small float and they always leave as fast as they come in.
I saw the other day it went from .07 to .10 and anytime it moved like that in the past in one day it was a sign someone knew something and it was about to fly. I am kicking myself for not buying more a few days ago after that move. Now I read the article about this Sparkee and they are looking into eastern Europe, selected markets in South America and approval in the US in addition to China. This rally may live off that story for a bit longer now that momentum guys have found ZAAP so this may double from here so I will now move it from the bottom of the screen to the middle and pay attention to the trade. I trade many stocks each week and was not even paying attention to ZAAP especially since the move happened so late in the day on big volume so it may have more room to run but I know it will come back down quick after a few days. ZAAP was in the $1.70's three years ago so who knows.
The only reason this stock will move higher early tomorrow is the small float (supply and demand) of the shares. I may be wrong but I figure an early pop tomorrow then the momentum guys run. If I'm wrong this can be $10+ tomorrow or back near $8 by Monday.
Small float caused this move today. This AAPL deal is 10% of revenue. Take profits early tomorrow before the market takes them from you. I'm looking to short the first big move tomorrow which may be the pre-market. I could be wrong but this will be back to $8 by late tomorrow or Monday. I got a little above $9.50 in the AH I figure the brokers are going to hold back the available shares real soon.
When I read quotes like this I start to think back to 2000. They may run it up early but you can bet a large dose of profit-taking will arrive. This is a nice score but it accounts for 10% of their revenue I read. The momentum guys are in this with the small float play but they do leave quick when they leave. The stock is now up 100% in the AH.