InvestorsHub Logo
Followers 325
Posts 19225
Boards Moderated 1
Alias Born 02/08/2002

Re: mlkrborn post# 408

Thursday, 10/01/2009 2:56:39 PM

Thursday, October 01, 2009 2:56:39 PM

Post# of 970
mlkr: it already bounced the day it dropped 9/29/09 any one could see that, and imo it was then to play it. It fell to $3.18 immediately and bounced up to $3.96 that is a $.78 bounce or a 24.5% potential gain. I captured 19% that day, on the bounce. Then it fell again and has not really bounced since.



So imo it really depends what you bought at the bottom and when you flipped on that bounce. I have one more decent bounce like that and I should be in very good shape, if it happens due to news.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.