Tuesday, March 24, 2020 11:04:04 AM
It's not always foolproof. I do make bad choices, but not often. So, in the end it's a very profitable approach.
Yesterday afternoon. I bought 2000 shares for 3.98 or so. I sold them this morning for 4.49. That's 51 cents of profit....or around 12% in less than 24 hours. You're not going to do that in the bank.
APDN is playable this way....with some risk. It might tank and you'd be stuck with 2000 shares for a few days. It almost always over the last 3 months bounced enough to almost never lose.
This same idea can be used with any stock. I usually trade this way with bigger stocks like Apple, Amazon, Netflix, etc.
If you can make 2 or 3% on a trade. You should do it. After all. Our money in the bank is earning 1.5% per year at best. I like to make that on a weekly basis.
APDN doesn't seem to be a good longterm hold. Perhaps that can change if they can make the right Covid-19 play.
I invest in companies that I think will make me money. And everything I say is just my opinion.
Recent APDN News
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 08/21/2024 01:45:07 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 08/21/2024 01:43:01 PM
- Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] • Edgar (US Regulatory) • 08/19/2024 04:12:51 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 08/05/2024 08:27:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/02/2024 08:30:19 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/15/2024 08:31:35 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 06/10/2024 08:55:34 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 06/07/2024 08:44:05 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 06/07/2024 08:01:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 08:33:44 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 05/29/2024 04:15:04 AM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 05/29/2024 01:44:16 AM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/24/2024 08:12:25 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/22/2024 08:26:53 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/21/2024 05:05:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 09:25:33 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/15/2024 01:50:38 AM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 03/04/2024 10:18:33 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/12/2024 09:25:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/08/2024 09:05:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/08/2024 09:01:31 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 02/01/2024 09:05:28 PM
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