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APPG = boing! up 61% in first 2 hours of the day.
Yep, there she goes. Took a while to get going
I'm out KIOR when she couldn't hold the .10
I bought in DRIO at .0511 on Friday for a bounce off the nickle area. Let's see if she can get a little bounce. Pre-market in the .06's but gap-selling will probably occur.
APPG just bounced nicely. What a different a few minutes makes. I wasn't in yet. Rats. From -10% to +20% in 30 minutes.
Added KIOR to my chart watch list. Thanks!
ERBB got a great bounce from .011 area to .017. Plenty of profit in there. I expected a quick break below .01 but it didn't happen before the "boing" kicked in.
AMBS got a nice bounce off the 200-DMA.
Hey, thanks Sand. I appreciate the comment.
Hehe...so much for NEWL. Straight from NASDAQ to the Greys. There's now three Grey sheet stocks permanently in my trading account to remind me to be careful. I kind of thought it would go OTC or Pink before hitting the Greys, but oh well.
Once I get through August and my kids are back in school, I should have more time to start trading and posting charts again. It's good to be busy.
Sorry guys. I've been a quiet moderator this summer. I've had a very busy summer and have not been able to watch charts and trade as much as I'd like. I'll continue to post, once I get a little time.
Meanwhile, I do have some funds tied up in the NEWL disaster. I've tried to play that bounce a couple of times. I buy too early, and then once it goes up, it gets halted by NASDAQ before I can get out. What a disaster than one has been with two halts. Just another example of how playing "bottom bounces" can be quite risky. Anything that comes with huge profit potential also comes with huge risk.
NEWL weekly chart. I held some of this one even through the NASDAQ halt. I'm playing it longer term, for a bounce on the weekly...seeing if she can push back over $1 to stay compliant with NASDAQ (though could R/S again as she has many times before). It's a risky one, and I've lost on it before, but sheesh, the bleeding has to stop at some point, right? The company has assets that are probably worth more than the current market cap. Their debt has killed the share price for a very long time.
Ouch. Hard dump at the end of the day. Hopefully we get the bounce tomorrrow.