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TopicStock Topic 5
red sox 777
06/05/20 12:34:06 PM
#174:


So the weird thing is that there was a news report regarding LK releasing earnings on a German website. But I haven't seen anything from an English language source.

StartTheMachine posted...
Who's still holding LK? I think I might bounce, but it would be interesting to hold something long for once and see if they really can come back. It's dipping now more and it's gotta be due for a pullback Monday at least, right?

I've noticed that LK has a pattern where it will drop 15-30% in 20 minutes to an hour and then come roaring back. I dunno which way it's going, but this is the kind of pattern where having a fixed stop loss of 10% would eat you alive. You'd probably be down a lot over the past 2 days even while the stock is up 120% because each spike downwards forces you to sell at a loss and then you don't get to participate in a lot of the upside because you sold at the bottom.


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