"yes, Under $5 has been $$$ AMD RSH ZNGA AEZS as of late all for at least .50 to 1.00 per share on 20,000 shares per trade.
If I buy 20,000 shares and make .50 cents per share that's $10,000 in the bank."
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I'm kind of doing the same thing? I play 5 or 6 stocks mainly under $6 a share for about $10K to $20K each normally, but I'm looking for dime gains to flip out ideally, rinse repeat on same stocks or others. I'm looking for less gains, but doing it more often.
NAVB is an exception for me, back up to 10K shares at $3.24 a share avg, $32K invested. I'll just keep flipping her on the climb, PDUFA date April 30th, getting closer, but I think NAVB will be $4.50 a share before any FDA decision, somewhere around first week of April? We shall see.....should continue to be a goodie for at least a couple months. I may hold a small amt for decision time, cause this is a rare one I have confidence in getting approved and think it will be trading at $7 or $8 a share post approval. NAVB is partnered with Cardinal Health, many people don't know, geographically they are across the street from each other. Kind of makes ya wonder if Cardinal Health would buy this company out? Wishful thinking maybe, but think NAVB is a great stock to own for flipping, holding long term, either way, but time will tell on that, all rides on whether they get that approval April 30th or not??? I'll say yes......but only willing to hold a little for the decision.
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