Tuesday, February 20, 2018 6:45:25 PM
But in the middle of the session, when people come in here with all types of fundamental analysis that distracts and takes a lot of time away from the actual trade, momentum stalls as technical traders attempt to turn into fundamental ones. That's typically when I get the sense to exit. So I sold two thirds of my position and lost about $1,400. Holding the remainder in hopes that this reverse merger isn't BS and the shares move up slightly tomorrow. I'm not knocking anybody that already has a full and great understanding of this company's background and history. It's just that the stock was rich racing beautifully enough for a very nice bounce and that sort of just went sideways to down instead. Volume slowed to a crawl, and the only way for people with size shares to exit was to hit bids because of the pesky sellers at
0012 ruining any type of bounce.
I'm not even going to bother doing any due diligence on this one tonight. Not worth it.
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