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mackwheaton

07/02/14 10:25 AM

#515 RE: PrivateStock #514

This stock is held by lots of Wall Street types, so expect volatility as they attempt create and dispose of positions to maximize profit. Would not be surprised to see it fall back to 1.80 range but it's all fun and games for them. I suspect over the next 5 months if you are not into trading, better to tuck it away and cash in a nice Christmas present after Jan 1.

Also if you place stop losses on thus type of stock, expect to get burned as they read the level II info and force it down to trigger stop loss selling so they can grab more cheap shares.

Actually, I like when this happens because their actions are far more predictable, and I am not averse to riding the waves.