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Post# of 8449
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Alias Born 05/06/2013

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Tuesday, 07/30/2013 9:11:45 PM

Tuesday, July 30, 2013 9:11:45 PM

Post# of 8449
Trading....

I am not advocating any specific trading style as I am a swing trader since that is what I am comfortable with. If I was a retail investor I would look at DSS as a "trading" stock at these levels. I am not going to out guess the day traders as they are good at what they do and I personally don't operate in that first hour madness well. Lets just say you purchased 500 shares at 1.50/share. That would cost you $750.00. Now lets assume that the company is valued at 1.75/share. (Too low IMO). You could sell the stock every time it hits 1.70 and make $100.00. Now if you have higher highs and lows its all relative. I am willing to bet in the next 8 weeks you could probably turn this 4 times for more than 50% profit. That is without trying to time it or get greedy. Just set yourself a minimum of .20 on a base of 500 shares and let it ride. Sure you can't retire but I don't think the stock can go much lower. Now this is for the retail guy who doesn't have a lot of cash and you can also learn a lot about trading strategy utilizing this. I am sure Boston, our resident day trading expert has plenty more to add but I can assure you I will trade at these levels. I normally have 3-5 stocks trading in this manner at any given time.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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