Secure Point Technologies Inc (fka IMSCQ)

[kron7777]

I agree. Anyone who says that trading daily is a sure way to make money is either novice or very lucky. Most likely both.
Yes it is possible to catch 2% moves , but the downside is that one day you sell shares at 2% profit and the stock shoots up 50%.

And to clarify my previous statement that I trade around my core position - that is actually not true. My core position is intact in my IRA. But sometimes I buy more shares in my trading account when I think the stock is poised to rise. Like I bought around 60 cents just before it went to $1+. Made $12K last year on IMSC in my trading account.
Same way I bought after the TSA announcement thinking that stock should be much higher than $1.3. Had to sell part of that position to cover a margin call, but bought back the next day. Speculating there are a lot of sideline money are waiting for a pullback to buy, but when they realize the pull back is not going to happen they will chase it. Can happen any time. Maybe today?
We just got 20 SMA crossed 50 SMA and both are above 200 SMA. Which means the stock is in uptrend. Some traders will have alerts and might decide to play it. Sometimes you need just a spark...