Thursday, September 15, 2016 3:43:35 PM
Placed an order for 300 units of ALDW at $10.45. Now, I doubt the order will execute but on the chance it does, I'll have set myself up for a quick flip as I think there's an excellent chance that my newly acquired units will reel the lost dollar back in. I'll sell happily for the easy $300. And I would expect the whole thing to take no more than a couple to three days at best to complete cycle.
Personally, I view this drop as bullshit. There's no news out that might explain an 8%+ cut in valuation. That tells me this is a manufactured "crisis" designed to frighten the less secure trader/investor into selling before the sky truly does fall in.
This may turn into an earnings potential although there's hardly any likelihood the order will go through. But---tomorrow is another day, isn't it?"
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