BBAI - stops work. On Friday I bought the gap up at the
open ($6.92) as the stock continued to rise. Late in the day I
placed my stop $0.01 below the low of the day ($6.84). This
morning I was stopped out in the 1st 5 minutes of trading and
annoyed when the stock immediately reversed higher touching $7.39.
Calmed down after my gold/silver miner positions reversed
higher on the day, reminding myself BBAI was a quick trade and
stops are there for a reason. Well...that reason just showed
up in a big earnings miss with the stock now trading at $5.12 (down
$1.97) in after hours trading. I will not 2nd guess being
taken out by a well placed stop for quite some time.
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BBAI - stops work. On
Posted by RichieD on 11th of Aug 2025 at 06:19 pm
BBAI - stops work. On Friday I bought the gap up at the open ($6.92) as the stock continued to rise. Late in the day I placed my stop $0.01 below the low of the day ($6.84). This morning I was stopped out in the 1st 5 minutes of trading and annoyed when the stock immediately reversed higher touching $7.39. Calmed down after my gold/silver miner positions reversed higher on the day, reminding myself BBAI was a quick trade and stops are there for a reason. Well...that reason just showed up in a big earnings miss with the stock now trading at $5.12 (down $1.97) in after hours trading. I will not 2nd guess being taken out by a well placed stop for quite some time.