The news sometimes is helpful.
I dumped all my 1.70s (I think) in the 1.80s coz of the Corker fear coming. I read over the weekend, the media didn't start bashing yet, however I just wanted to be safe - coz no fills on a drop - I learnt that the hard way in March.
Everybody on that board was saying 1.70, 1.50 support blah blah . . I just stayed out.
I flipped the bounce on Wednesday. Didn't make much coz I had to try it 3 times to get it right.
Then loaded yesterday and sold the pop today and flipped once more early on the MOMO dip n rips.
Now loaded FMMC again coz its cheaper. May hold / May sell. Lets see.
The reason why news affects it so much is coz many emotional peeps in this ticker. If you go to the board you will see. For many, this is their first investment. They get scared and sell easily. They chase also on greed.
Good luck Mouthhee
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