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ThePennyDoctor

11/20/13 12:13 PM

#50 RE: Big_Money_Upward #49

As I noted yesterday, it went too high yesterday which caused too much morning profit taking and led to a collapse (IMO). Nice bounce so far. I put in my order at $2 and did not get filled (I never pay more than 50% for bounce day 1 and then just look for a 20% return). Hard to call right now. I am thinking it closes near the low of the day, and then collapses tomorrow morning also - I will look for a bounce from there. If I am wrong and it rallies into close, I will consider a small position. IMO, we will be best off if it really crashes nice - say to $1.25; then we can catch an easy bounce to pre-promo price. I did this the other day with PGLO.