Monday, June 02, 2008 10:20:27 PM
"recovery"
"retrace"
They're gone now
I feel lucky I was able to make one daytrade when it first reversed into MODI and sell the last (2) shares I had left from the previous 2 reverses. I had to buy more to do it. Someone asked me if "I was nuts", those where his exact words
I was nuts, but it wasn't because of the last buy, it was because of the first.
I think I had 165K shares at one time, that figure is an estimate though. It's easy to flip shares if it keep trending down. You can always buy back cheaper.
You can always sell cheaper also.
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