AltiGen Communications Inc (ATGN)

[Hooparena]

When a stock market collapses and people want to liquidate, they sell what they can first without taking losses if possible. Since the stock was trading at all-time highs, everyone selling is in a profit situation. Human instinct has us holding on to our losses for the hope to at least break even. I hate selling at a loss if possible so I would hold on to my losers and take profits in other stocks and wait for them to come back down to a lower level to jump back in like ATGN. Since the COVID situation is a crisis we haven’t seen (meaning an illness and not a financial) like in 2008, we are in uncharted waters with how we trade the market. Like I started in my previous post, this $1.00 - $1.10 level seems to have exceptional strength. I have been adding at this level because I believe the stock is cheap here and the company will pick up a lot of additional business in the upcoming quarters due to the COVID crisis. I hope that answers your question.