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TopicStock Topic 7
red sox 777
07/08/20 6:03:12 PM
#418:


Lopen posted...
Also I will say when cheap stocks go to the moon it tends to happen after a good day from what I've noticed the past few months.

So while you can maximize profits waiting for something to bottom out I would say it's kinda risky if you have faith in the stock. I'm fine with it. I've only got $400 on it anyway.

My sense is that once the moonshot occurs, they fall back a long way (like 50-80%+ of gains). LK actually briefly gave up 100% of gains from its bottom. So the trouble with getting in once the moon pattern is already showing is that if you don't time the exit well you end up with little profit or even a loss.

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