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.     

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