Question about after hours trading. I was wanting to increase my position in this stock and wanted to do so before it was above my price range. This is the first stock I have ever owned and got in on a tip about 3 months ago. I bought 1 million shares at .0001. I would like to Double my holdings before we hit a penny.
The stock quote on this board shows some after hour trades on thursday for a total of 5 million shares. One trade at .006 and another at .007. If these trades really happened does that mean we will open at .006-.007 on Monday. I have done non stop DD on this stock and believe I should be able to squeeze out enough to pay off my student loans and purchase a small house with my current position (to the moon fellas). I would like enough left over to roll over into CID's and other safer returns. I truely believe this stock has major potential and we are gonna set records when this rocket finally levels off.
I am currently long/short on this. I planned on selling 50% short (.50) for big gains and holding the other half long (1.oo+) to see if we really make it to a bigger market by the time we are pulling diamonds out 3-5 years from now.
Any info you veterans could give about after hour trading and its effect on the PPS would be greatfull. I have been trying to learn as much as I can about the market by myself since holding this $100 lotto ticket. So I'm not a complete newb to the stock market lingo, But then again I'm not fluent. I want to continue to stay in the market after this venture. % of my gains will go to the bigger markets and another % will go back into penny stocks.
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