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Jonas3

03/03/16 5:33 PM

#14717 RE: pennyplayer777 #14691

I'm not sure. It started collapsing pretty quick after a short run this morning so it could continue that trend pretty easily. I was lucky enough to buy this morning and sell on the surge to make a few bucks before it collapsed. But I was surprised to see it fall this low again.

I typically don't trust stocks like this for more than a day. I've gotten burned a few times just waiting for the big spike which never came or when you lose 5-10% or more on the next opening bell.

That being said, I've also seen stocks soar from their positions (see RJET the past week) and taken a few hundred when I could have doubled up with a little patience. Best of luck!

I do think this has some potential to be a big winner