Got back in few K share 15.68 at close.
number of reasons:
*Much of my DD on what is going on right now with this hit piece, the players and their likely intention ( I'll post some here over the w/e)
*Technically it held $15 Support which was also the Fib retracement level. Tech traders would be taking great notice to this
*Steve Clarkes tweets and his liking the reply I gave that insiders should stop selling on a weekly basis. Ok I suggested they buy some as a sign of confidence; which considering the size shares they own doesn't seem realistic, but if they can slow down on the trickle selling it will give us a feeling of a base.
*Steve's tweet about someone huge on site this week. rightly pointed out by a committed short that this would be material info and against SEC regulation.
1. it could be him just being naive, Frustration with this nonsense hit piece boiling over and him wanting to lash out at the shorts
2. it could be part of the ruse, the Pump and Dump story line of feed the masses little bits of info that keeps them hooked. basically criminal intent
I choose for now to go with original impression that Steve is a guy of high'ish integrity and honest.
If he's a con man, I will lose 10s of 1000s of dollars....
**REMEMBER !! - Marry STOPS ( Stop Loss orders ) NOT STOCKS.
many, many, many Brokerage Accounts have been wiped out by Retail investors that drink the Kool Aid, Buy into a Story Stock ( Which AQMS is! ) and ride it all the way down to 10%-40% of their original investment.
Put stop loss orders in. and Stick with them! You can always buy lower.
Do NOT KEEP AVERAGING DOWN. Averaging down is a clear sign of denial and a losing strategy. 100% better to sell on clear weakness, put hope out of the equation and buy back later. in todays markets of $7 trades. far better to buy back in higher than to ride down much lower.
just my .02 and obvious pointing out that Risk is not 100% gone here. ;)
