well it only popped to 13.08, so only gave 8 cents, then quickly
then reversed. I always buy these early because they usually
go and don't let you in at the breakpoint, then I always have a
limit sell order in for 5 - 10 cents higher for a scalp.
I was able to sell some, but I still have 1/2 left and
unfortunately it reversed down quickly, hopefully it recovers some.
usually these work out better then this, this one was a
total DUD for sure.
well it only popped to
PRIM trade idea
Posted by matt on 27th of Jun 2011 at 11:14 am
well it only popped to 13.08, so only gave 8 cents, then quickly then reversed. I always buy these early because they usually go and don't let you in at the breakpoint, then I always have a limit sell order in for 5 - 10 cents higher for a scalp.
I was able to sell some, but I still have 1/2 left and unfortunately it reversed down quickly, hopefully it recovers some. usually these work out better then this, this one was a total DUD for sure.
thank you for your insight.
Posted by jamesl on 27th of Jun 2011 at 11:21 am
thank you for your insight. It may pb because the trend is still dwn. I'll be out @ 12.68 if it doesn't turn around.
Trying to get my feet wet on the day trades (oh well!). Thanks again.