Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Good it Held .70 at close today, & means it has increased potential for a reversal higher yet in the short term.
.70 represents a crucial resistance point after the .65 low Monday.
Holding .70 is necessary if forward progress is to occur, allowing the daily chart to stay in tact yet for a set up to reverse higher.
Showing nice progressive movement again today since Monday's 4/23 low of .65 as stated earlier:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140255843
So far so good after 2 days. Best 2 day movement in many weeks since the short term correction lower started in March.
Good early signs here of a nice bounce upward coming yet in the short term
$ALT ~ 5 Day ~ Intra-Day Chart as of 4/24/2018:
$ALT ~ Live Chart:
The intra-day action on $ALT today looked best so far since almost 2 weeks ago. It progressed forward with gradually increasing strength thru the close after it hit that new low of .65 in morning today.
It needs confirmation yet after today before one can say it's reversing trend (in the short term), but a good early sign of capitulation activity today.
$ALT ~ 10 Day ~ Intra-Day Chart as of 4/23/2018:
https://imgur.com/zKr67yk
$ALT ~ Live Chart:
In simple terms & summary-- it's just a typical publicly listed biotech (as a development stage company that is not profitable) which runs its operations on dilutive share offerings, etc, and has periodic sell offs and rallies, and in the current instance it is still in a short term technical bear phase, which eventually will take a break and have a rally phase to the upside again like it historically always has done. Currently it is an overextended ugly bear phase in the short term yet, and the short term bottom so far is undetermined.
Others may want to add that it has good, unique potential because of its pipeline, etc, but what I said above is generally basic and true as a summary for $ALT to understand the premise of how it is and functions as a stock.
Quite a bas-turd this thing is being right now.
Oversold doesn't come at all close enough to describing this bottomless stinker right now
The Novartis filing after hours is good news, but we'll see yet what happens.
News filings of ownership changes like this can be random in affect.
It can have an affect & then again sometimes not make any difference. It's not bad news, to be sure!
https://ih.advfn.com/p.php?pid=nmona&article=77209789
My friend ~ See my post on $ALT earlier to help answer your Q's:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140144527
Also go here to see more info about me, perhaps you'll be interested in following me privately:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139941836
I have a process that's easy to follow (& helps teach along the way using my developed methods), and is designed to accommodate those starting with low risk amounts of start up capital risk, and also works for those who want to specialty trade a small % of their portfolio for higher risk stocks while also trading and/or investing in what ever else they want to do individually.
Kind Regards
3-D-T
-------------------------------------------------------------------------------
It is very oversold & likely due for a reversal back towards 1.00+.
Likely a 'short term' bottom near if not already since mid-.70's in my opinion. In addition to that, historically $ALT also has short term bottoms typically about every 2 months with following rallies upward, and it's crossing that mark now.
Given everything that's caused ALT to drop in recent weeks (such as a public offering in the first Qtr), I think it's close to pricing in all the negativity in the short term.
That's best I can answer you because of my situation since October 2017 with my private list followers-subscribers (via email) that affects what I can say sometimes about what I'm in specifically or not (until after any trade is completed).
GLTU
$ALT ~ As of 4/18/18:
https://imgur.com/G0uJ6kr
They are sufficiently funded in the short term with cash for approx 1+ Year yet or at least 11 months.
It's right there in the recent earnings report (below). Anyone can easily see it with 1 minute's worth of due diligence. Whoever said that ALT is low on cash to find operations is ignorant or has very-very high standards for funding needs.
As one of my criteria, I always make sure these biotechs have approx 1+ Year's worth of cash before I even consider it, watch it, or trade it for the short term. I also check standard loan/debt levels (excluding the share offerings/warrants), and ALT has a low loan debt level that's easily manageable, so very low risk of BK, too.
With a penny stock priced biotech, on average you're not going to get much better than 1-2 years of cash to fund operations. These biotechs typically price offerings on average annually. $ALT just did a public offering to raise cash a little while ago. &ALT is good financially in the short term. I would not be worried about more cash raising news until at least October - 4th Qtr 2018 or early Jan-Feb 2019.
If anyone cares about the longer term, then that's different, and as for me I don't associate longer term with these stocks because they're only good for short term trading. Longer Term thinking has no place wiht these stocks as they're trend long term typically is 99% of the time downward, but great for short term swing trading from oversold lows.
March 28, 2018
"Raised approximately $30 million in financing, including through a Series B preferred offering, cash acquired in connection with the reverse merger with PharmAthene and a pre-merger private placement with existing investors, providing cash into the first quarter of 2019"
https://finance.yahoo.com/news/altimmune-announces-financial-results-ended-204454692.html
I can provide plenty of examples of stocks in just the past few weeks alone that have sold off in after hours on various volumes along with high volumes, then fairly soon after they popped higher, and in contrast were also under 1.00.
$ALT is a different animal lately, but it's also in lower penny stock territory, too, so naturally its acting different like many do down at these levels.
Overall it's just anyone's guess going forward in terms of what yesterday's trading after hours meant, so it's just too early to tell anything based on that (on zero news filings so far).
$ALT also traded to .795 at the Ask after those earlier low trades after hours today.
I don't think it signifies much, and like you said there are no filings or news after hours. There was a wide Bid/Ask spread after hours when these trades occurred, and some trades were placed apparently regardless of the Bid or Ask.
I've seen this happen often on these types of stocks having usually little significance in relevance to regular hours trading (when there is no news).
We'll see what happens yet.
$ALT ~ Intra-Day Chart as of 4-17-18:
https://imgur.com/p7RFiB8
$ALT ~ 5 Month Chart as of 4-17-18:
https://imgur.com/Ozq2cfK
$ALT ~ Live Chart:
****Recently added 2 more trades after selling $AYTU March 27, & I'll be adding more trades in addition to that for my private followers.
Anyone who is not signed up with me privately will assuredly be missing out on more profits!!
Email me at:
Three_Day_Trader@Yahoo.com ....for info on how to sign up.
>>>On my new service platform I'm delivering results for my following clients & will be consistently providing good results going forward, and I will show it over time as my trade record is fully unveiled (since Summer 2017 when I transitioned to a new platform).
***Anyone is welcome to join & try it out
----------------------------------------------------------------------------
$AYTU ~ My Private Clients Got out in 2 Scale-Out parts March 26-27 before today's pullback & I alerted this morning again to exit any possible remaining shares if anyone had any left (between .59-.68 trading).
That info you ask about is also in the post here from yesterday (which you replied to).
$AYTU = 85% Performance to .76 Peak 3/27 from my Alert @ .41 area 3/14 (for clients)...
****Scaled-Out for an avg profit of 68% between 3/26-3/27.
$BIOC ~ Exited 3/15/18 for 20-42% profit range before the $AYTU trade started.
----------------------------------------------------------------------------
More related info here also on Twitter:
https://twitter.com/Subpenny_Stocks
Nice close today again into the .26+ area, contrary to the overall market indexes getting beat down today.
$BIOC displaying decent support so far ever since it's last established low of .23 on April 3.
Low priced Biotech stocks are perfect for trading in this environment, as they tend to trade independent of the stock market, particularly in contrast to recent tariff & trade war fears in the general stock market, such issues have less affect on these biotechs
So far having a nice move off of the .46 low since yesterday. Congrats to those who recently entered & waited for a pullback after last week's run to .72 (3/27).
To answer your question, Go here or see my Board for info on following me privately:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
I've agreed all along that the news potential down the road on $AYTU & the fact certain insiders with institutions have been buying this are all factors to consider. It's good that you've been emphasizing such things and are good things to be aware of while considering this stock regardless of one's exact strategy.
But how it is related for me, I still play the volatility & the price action for profits while knowing all that because I do not get over caught up in speculative hype as a trader or over emphasize one thing over another.
We all have different methods, and I respect that as long as others don;t trample all over me for mine.
As stated before, I consistently make profits and that's all that matters (for me and my private followers)
Good for you that $AYTU has held up since .46 yesterday & is above the SMA 20 so far this morning.
Maybe it will perform like $AK*R for you since early January 2018.
{FYI ~ I also gave out $AK*R to my private followers back in early January @ .14}
Starting out that way since April 3 low of .23 was established
I never said in that post earlier that .46 could not hold with certainty. I posted that as one possibility that could hold along with other possible analytical contingencies because no one knows where this current pullback stops at exactly since the peak of .76 last week (3/27).
You can try to categorize me as a 'Chartist' or whatever if that makes you comfortable, but all I've been doing is calling the price action for what it is & I've been right about $AYTU since I covered it for my private followers March 14 @ .41 to enter & about the peak March 27 with the the descent thru today.
I'm not your average poster or 'Chartist', or whatever you want to label me as...
I'm a short term trader with a good record of overall consistency for myself & my private followers, and that's all that matters at the end of the day regardless of various message board opinions
GLTU $Sir
{EOM}
Thanks!! And yes, I'm glad you reminded here about last week's news filing, as I also cited the after hours news last week March 27 in my posts while suggesting people start to scale-out of $AYTU:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
More info below on following me & what I said last week on $AYTU:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
SMA 20 is not a bad idea in terms of one support level for considering it, but as far as I'm seeing, it is still cratering downward, so I am not asserting a specific entry on $AYTU yet or declaring it a buy yet. SMA 20 last I checked just now was .48, and it has already breached that lower to .46 so far today.
Wait for stability. These types often will re-test old lows or worse, so .42 or .38 re-test (or maybe lower) not totally impossible to happen.
It's already seen .46 for a low so far, but if it holds that and stabilizes around there (or at the 20 SMA of .48 as of 4/4) then begin a position. But don't get over emotional & excited to get in hastily. One has to be objective with these stocks & not fall in love with them.
....I said last week to watch .65+ needing to hold and so on, but not many listened to me. Anyone who chased it last week at .60-.70 should have stopped out near .65 or .60 at least for protection based on technicals needing to hold up, unless of course, they are not short term trading it and daring to hope for longer term uptrend eventually.
Hope that helps you some.
----------------------------------------------------------------------------
I never deceived anyone and gave good advice timing on $AYTU.
It's funny how I'm attacked here for being right on timing the stock all along & for helping people instead of promoting this stock at the wrong time like many others here did which caused many to enter much higher than they needed to.
More info below on following me & what I said last week on $AYTU:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
Another new low of .46 today since last week's move to .76 on March 27.... Trading is about timing... I did not miss any boat. You and so many here have been missing the points of my posts on $AYTU. I've been helping with timing the stock (instead of promoting it at high prices like so many around here did since last week)
One example below on 3/27 (mid-day) where I said people should consider starting to take profits... I never steered anyone wrong or deceived anyone. My posts were helpful for anyone that heeded them:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139593767
I had this as a suggestion for followers since March 14 @ .41 area (limit of .42), and we sold March 26-27 for a very nice profit.
Since then I have honestly said here and anywhere to wait for a pull back if re-entering or entering at all.
***I never said stay away forever. I've been saying to consider this on a pull back, so I'm helping others not miss any boat, but helping with best entry/exit timing.
I was bullish on $AYTU posting here until it got into .60-.70's March 27 and peaked, then I responsibly & correctly said people should start trimming or scaling out. I never gave any advice or posts that were wrong on this and I never promoted up the price last week March 26-27 like many others did here.
I never deceived anyone and gave good advice timing on $AYTU.
It's funny how I'm attacked here for being right on timing the stock all along & for helping people instead of promoting this stock at the wrong time like many others here did which caused many to enter much higher than they needed to.
More info below on following me & what I said last week on $AYTU:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
>>>>>>>>>>>>>$AYTU ~ New low of .48 this morning. Short term topped out, like I've been saying:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139747764
New low of .48 since last week's .76 peak short term on 3/27, and so many here wouldn't listen to me since I sold 3/27 & have repeatedly scoffed at me over it. It proved to be a good move to sell 3/27 for a profit & was correct telling people to wait for a pullback before entry, that .60-.70's was too high for short term entry.
More info below on following me & what I said last week:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
New short term low of .48 this morning. Short term topped out, like I've been saying:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139747764
New low of .48 since last week's .76 peak short term on 3/27, and so many here wouldn't listen to me since I sold 3/27 & have repeatedly scoffed at me over it.
It proved to be a good move to sell $AYTU on 3/27 for a profit & was correct telling people to wait for a pullback before entry, that .60-.70's was too high for entry
More info below on following me & what I said last week:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
************$BIOC ~ I pointed out to wait til after earnings to likely make new lows before re-considering it:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139639406
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139561208
Earnings most of the time tend to be negative catalysts for these types of speculative stocks, so I've been suggesting to error on side of caution to see if it gets another good pullback somewhere under .30, maybe to another new low (which it did so far as of April 3)
I last sold $BIOC for a profit for followers on March 15, 2018:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139315858
*****Anyone who wants to know when I may re-enter $BIOC or trading anything else needs to be on my private e-mail alerts. See my profile for more info or my I-Hub board
As of April 3, 2018:
$BIOC ~ Live Chart:
************$AYTU Clearly Topped Out 3/27 in the short term:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139609583
Plenty of people scoffed at me on $AYTU board for selling before March 28 when I was suggesting people start scaling out & not to be buying the short term hype in .60's -.70's, but no one can possibly think I am crazy now!!
A Low of .50 so far today (4/3) on $AYTU.
I consistently take short term profits & don't speculate longer term on stocks like $AYTU which fund their operations with dilutive financing. Good for trading short term only.
My private e-mail followers got in $AYTU March 14 @ .41 area, and we sold prior to March 28 (the day it peaked @ .76).
$AYTU ~ 10 Day chart as of 3/28/18:
$AYTU ~ Live Chart
I pointed out to wait until after earnings to likely make new lows before re-considering $BIOC:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139639406
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139561208
Earnings most of the time tend to be negative catalysts for these types of stocks, so I've been suggesting to error on side of caution to see if it gets another good pullback somewhere under .30, maybe to another new low (which it did so far as of April 3)
*****Anyone who wants to know when I may re-enter $BIOC or trading anything else needs to be on my private alerts. See my profile for more info or my I-Hub board
I last sold $BIOC for a profit for followers on March 15, 2018:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139315858
As of April 3, 2018:
$AYTU Clearly Topped Out 3/27 in the short term:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139609583
Plenty of people scoffed at me for selling before March 28 when I was suggesting people start scaling out & not to be buying the short term hype in .60's -.70's, but no one thinks I was crazy now!! Low of .50 so far today (4/3).
I consistently take short term profits & don't speculate longer term on stocks like this which fund their operations with dilutive financing. Good for trading short term only.
My private followers got in March 14 @ .41 area, and we sold prior to March 28.
*********$BIOC ~ I've Been Saying to Wait until after earnings 3/28, & posted earlier in March that I've been out of $BIOC since I sold March 15 for 20-42% range profit for followers (privately) from my suggestion back in February 12 @ .29 or less Limit entry.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139561208
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139315858
>>>Earnings most of the time tend to be negative catalysts for these types of stocks, so I've been suggesting to error on side of caution to see if it gets another good pullback somewhere under .30, and after hours today post-earnings news it is lower, and in fact at a new all-time low of .24 so far in after hours trading.
Also Note Similar $BIOC conversation - analysis on Twitter:
Another great entry point for $bioc
— EveryWhere (@Techhi) March 26, 2018
I've been saying to wait until after earnings 3/28 & posted here that I've been out of $BIOC since I sold March 15 for 20-42% range profit for followers (privately) from my suggestion back in February 12 @ .29 or less Limit entry.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139561208
Earnings most of the time tend to be negative catalysts for these types of stocks, so I've been suggesting to error on side of caution to see if it gets another good pullback somewhere under .30, and after hours today post-earnings news it is lower, and in fact at a new all-time low of .24 so far in after hours trading.
Also Note Similar $BIOC conversation - analysis on Twitter:
Another great entry point for $bioc
— EveryWhere (@Techhi) March 26, 2018
**************$AYTU Trading Today Is another Great Example of why it's good as a standard principle to take profits during the excessive optimistic hype periods such as yesterday 3/27. Never fall for the hype (in my opinion, if you are short term trading).
I say: 'Trade the hype' instead of being lured into the hype of buying during its excessive optimistic phase such as past 1-2 days.
Just like when one would consider buying during the extreme pessimism such as over 2-3 weeks ago on $AYTU near .40 area, one should conversely apply the same principle (in reverse) of selling for profits during the extreme optimistic hype (as I did & usually do)... If one is applying short term trading.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
----------------------------------------------------------------------------
As stated 3/27/18 in some prior posts:
----------------------------------------------------------------------------
Glad I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at this board twice earlier 3/27 about Taking Some Profits as a general suggestion here...
https://ih.advfn.com/p.php?pid=nmona&article=77048292
3/27/18 (After Hours News)
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's since 3/27-3/28.
***My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers.
***$AYTU = 85% Performance based on full peak to .76 3/27 from my private Alert to enter@ .41 area 3/14
$AYTU ~ 10 Day chart as of 3/28/18:
$AYTU trading today is another great example why it's good as a standard principle to take profits during the excessive optimistic hype periods such as yesterday 3/27. Never fall for the hype (in my opinion, if you are short term trading).
I say: 'Trade the hype' instead of being lured into the hype of buying during its excessive optimistic phase such as past 1-2 days.
Just like when one would consider buying during the extreme pessimism such as over 2-3 weeks ago on $AYTU near .40 area, one should conversely apply the same principle (in reverse) of selling for profits during the extreme optimistic hype (as I did & usually do)... If one is applying short term trading.
>>>Anyone trying for longer term gains --- I truly wish them the best. Perhaps it will work out to go much higher eventually, & sometimes these do, but I personally prefer to be more consistent & take the nice profits in the short term while I've got it.
.... That said, $AYTU will make a nice re-entry possibility if it pulls back enough.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139625434
----------------------------------------------------------------------------
As stated 3/27/18 in some prior posts:
----------------------------------------------------------------------------
Glad I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at this board twice earlier 3/27 about Taking Some Profits as a general suggestion here...
https://ih.advfn.com/p.php?pid=nmona&article=77048292
3/27/18 (After Hours News)
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's since 3/27-3/28.
***My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers.
***$AYTU = 85% Performance based on full peak to .76 3/27 from my private Alert to enter@ .41 area 3/14
$AYTU ~ 10 Day chart as of 3/28/18:
$AYTU ~ My Private Clients Got out in 2 Scale-Out parts March 26-27 before today's pullback & I alerted this morning again to exit any possible remaining shares if anyone had any left (between .59-.68 trading).
That info you ask about is also in the post here from yesterday (which you replied to).
85% Performance to .76 Peak 3/27 from my Alert @ .41 area 3/14 (for clients)...
****Scaled-Out for an avg profit of 68% between 3/26-3/27.
Email me at:
Three_Day_Trader@Yahoo.com ....for info on signing up.
More info here on Twitter:
Glad I took profits on $AYTU... 85% Performance to .76 Peak 3/27 from my Alert @ .41 area 3/14 (for clients)... Scaled-Out for an avg profit of 68% between 3/26-3/27.... Click website for info to sign up. Free Trials upon request... https://t.co/MD1AmTGNvi
— SubpennyStockpicks (@Subpenny_Stocks) March 28, 2018
$AYTU = 85% Performance to .76 Peak today from my Alert to enter @ .41 area March 14 (for private email followers)
*****Anyone who wants my trades early when I give them out before posting any results here or anywhere publicly needs to be on my affiliated private alerts (See my Profile or Three-Day-Trader board for more info).
https://investorshub.advfn.com/THREE-DAY-TRADER-29802/
As stated earlier:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
----------------------------------------------------------------------------
Happy to take profits...
I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at the $AYTU board twice earlier on 3/27 about 'Taking Some Profits' as a general suggestion here...
https://ih.advfn.com/p.php?pid=nmona&article=77048292
3/27/18 (After Hours News on $AYTU)
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's.
My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers.
Check out $AYTU on Twitter & social media:
https://twitter.com/search?src=typd&q=aytu
$AYTU = 85% Performance to .76 Peak today from my Alert to enter@ .41 area 3/14 (for clients)... & I already started Alerting recently to Scale-Out for an avg median profit of 68%. My Strategy Involves Always Taking Profits with short term trading... https://t.co/MD1AmTGNvi pic.twitter.com/PqXkI3UhdX
— SubpennyStockpicks (@Subpenny_Stocks) March 28, 2018
********$AYTU = 85% Performance to .76 Peak today from my alert to enter @ .41 area March 14 (for private email followers)
*****Anyone who wants my trades early when I give them out before posting any results here or anywhere publicly needs to be on my affiliated private alerts (See my Profile or Three-Day-Trader board for more info).
https://investorshub.advfn.com/THREE-DAY-TRADER-29802/
As stated earlier:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
----------------------------------------------------------------------------
Happy to take profits...
I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at the $AYTU board twice earlier on 3/27 about 'Taking Some Profits' as a general suggestion here...
https://ih.advfn.com/p.php?pid=nmona&article=77048292
3/27/18 (After Hours News on $AYTU)
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's.
My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers.
Check out $AYTU on Twitter & social media:
https://twitter.com/search?src=typd&q=aytu
----------------------------------------------------------------------------
As Of March 27 close:
10 Day chart
$AYTU Live Chart:
Thanks Crudeoil24! I consistently take profits as part of a standard short term trading strategy which I developed over the years. I don't speculate about a year later, etc.... Others can do that & it's their choice, but I personally never do that with these types of very speculative & risky style stocks. {I wish everyone else who wants to do that the best of luck on it}
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
As stated earlier:
----------------------------------------------------------------------------
Glad I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at this board twice earlier today about Taking Some Profits as a general suggestion here...
https://ih.advfn.com/p.php?pid=nmona&article=77048292
3/27/18 (After Hours News)
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's.
My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers.
One can hold over night for a couple days or whatever when trading these. I was not saying to only intra-day trade like you prefer, but have been emphasizing (similarly with you) in posts today that one should take profits along the way while things are seemingly bullish (& never fall into a stock's hype thereby becoming too greedy by holding too long an entire position).
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139605101
Great & simple methods include ways such as scaling out around a speculative top area. No one ever knows 100% of the time where a top may be, so trimming down with scale-outs of a position in 2-3 parts is sensible during multi-day runs & during short term excessive bullish exuberant periods... Which in reverse similarly one would buy during the excessive bearish exuberant periods as I did, where I Alerted $AYTU @ .41 area March 14 for new entry.
~~GLTU~~
-------------------------------------------------------------------------------
Glad I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at this board twice earlier today about Taking Some Profits as a general suggestion here...
https://ih.advfn.com/p.php?pid=nmona&article=77048292
3/27/18 (After Hours News)
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's.
My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers.
Thanks. I haven't been trading too much the subpenny stocks since last that good run of 2017 ended in August, & have been doing much better on other areas in any event at my the new platform I transitioned to.
I still will trade subpenny OTC stocks from time to time, but only when it's suitable. Overall I trade where ever there is good yield; a variety of areas.
For more info, feel free to inquire to sign up at my email of:
Three_Day_Trader@Yahoo.com
You won't regret trying it out.
I hope the GEQU continues to play out for you if you're in it.
-------------------------------------------------------------------------------