Replies to post #148070 on Good Vibrations Shoes Inc (GVSI)

[Yolo]

Incorrect. If you looked at a chart, you'd realize your mistake.

If you bought at .0203 and sold at.0259 that day, well that's not a bad trade if you are a day flipper.

Not saying that's my style. But what you are suggesting about awesomed007 is wrong

It closed at $0.025 on Friday 2/10. He posted "BUYING opportunity" at 9:22 AM on 2/13, just before GVSI opened at $0.025. It hit peak of $0.0259, then crashed to $0.0203 and closed at $0.022.

There is absolutely no way to interpret "Buying opportunity" as a good trade when that was the last hurrah before it sank down to subpenny over several months.

It was, most definitively, not a buying opportunity.

[I-Glow]

Do you even know the definition of a day trader - the answer is NO.

"As a retail investor, you can't buy and sell the same stock more than four times within a five-business-day period. Anyone who exceeds this violates the pattern day trader rule, which is reserved for individuals who are classified by their brokers are day traders and can be restricted from conducting any trades."

"FINRA rules define a day trade as:

The purchasing and selling or the selling and purchasing of the same
security on the same day in a margin account."

Most OTC investors don't have margin accounts.

A day trader might make 100 to a few hundred trades in a day, depending on the strategy and how frequently attractive opportunities appear - and most day traders close out all positions each day.

And they don't become emotionally attached to a stock like most OTC investors.