**************$AYTU Trading Today Is another Great Example of why it's good as a standard principle to take profits during the excessive optimistic hype periods such as yesterday 3/27. Never fall for the hype (in my opinion, if you are short term trading). I say: 'Trade the hype' instead of being lured into the hype of buying during its excessive optimistic phase such as past 1-2 days.
Just like when one would consider buying during the extreme pessimism such as over 2-3 weeks ago on $AYTU near .40 area, one should conversely apply the same principle (in reverse) of selling for profits during the extreme optimistic hype (as I did & usually do)... If one is applying short term trading.
---------------------------------------------------------------------------- As stated 3/27/18 in some prior posts: ---------------------------------------------------------------------------- Glad I already suggested to Scale-Out of $AYTU to my private followers, which I had already lamented about here at this board twice earlier 3/27 about Taking Some Profits as a general suggestion here...
One never knows when news events or sudden sell offs for any reason in the short short term could affect a stock, & today's after hours news makes that point for a strategy clear I re-stated above (about taking profits along the way on a stock), now that we're seeing $AYTU trading downward in the .50's-.60's since 3/27-3/28.
***My average $AYTU Exit price (2 scale-outs before 3/27 close) based on my private Alerts to followers is approx .66-.72 range for an average median profit of 68% ---- From my original Alert to enter @ .41-.42 on 3/14 to private followers. ***$AYTU = 85% Performance based on full peak to .76 3/27 from my private Alert to enter@ .41 area 3/14
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