I was going to put my entire 401K into BVTK. Stupid - YES. Thank God, it did not execute my entire 401K balance because I know like always whenever I buy a huge position, the stock falls and continues to fall. I placed a stop limit to buy at .0078 at 3:30 today to buy $306,331.62 worth of BVTK (my entire 401K balance).
I managed to get 13,775,295 shares at prices between .78 and .75 amounting to approximately 105K in cash. Thank God, TD Ameritrade was only able to fill that much because I know tomorrow is going to be very very ugly. It always happens to me. Whenever I see a great stock and buy a huge position, I'm forced to sell via stop loss limit which I have currently set at 15%. I'm down almost 5% today alone since I bought.
Now I'm very nervous to see what happens tomorrow. This always happens to me. I find a great stock, buy a ton, then that day if not the next day, it tanks and never recovers. I'm very nervous the uptrend dies tomorrow and we see a massive red day Tuesday with the price closing around .005, possibly lower -45%. I have to keep my stop loss in place, this is my retirement we are talking about here people.
If it goes up wonderful, but based on my trading history, I can pretty much tell you what is going to happen Tuesday. It will open ugly, trade sideways for a few hours, then around 1PM the bottom will fall out. News or no news, the bottom will fall out and we will close around .004 Why I predict this ? It's my fate, my life, it always happens to me. Whenever, I think I found a jewel that will make me millions and I can possibly retire on, the bottom falls out THAT DAY, the latest the NEXT DAY.
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