Investing

Official Penny Stock Day Trade / Short Term

  • Last Updated:
  • Oct 19th, 2021 10:40 pm
Deal Fanatic
Apr 5, 2016
5527 posts
3959 upvotes
Calgary/Vancouver
Even if earnings was great, it can still go down lol. I think we all suffered that from CIDM. AAPL biggest offender too.
Deal Fanatic
User avatar
Feb 27, 2015
5592 posts
3319 upvotes
Toronto, ON
elfen2 wrote: Bought in at 7.20. Should I sell and take a small loss?
You're position, so your call.

I'm in around the same, bit higher.

Factor in $10 to buy, and another $10 to sell. Then another $10 to buy in lower.

And the drop might be to $6.9 - $7 (support).

Might not be worth it for 2-3 points.

I'm holding, but frustrated that the volume is drier than a nun.
Sr. Member
Mar 30, 2018
932 posts
857 upvotes
JRGUINNESS wrote: You're position, so your call.

I'm in around the same, bit higher.

Factor in $10 to buy, and another $10 to sell. Then another $10 to buy in lower.

And the drop might be to $6.9 - $7 (support).

Might not be worth it for 2-3 points.

I'm holding, but frustrated that the volume is drier than a nun.
why not to open an account in WS? Pay no commission
Deal Addict
Jan 6, 2006
2667 posts
814 upvotes
bought back in mvis but only half and saving the rest in case it goes bad.
Deal Fanatic
User avatar
Feb 27, 2015
5592 posts
3319 upvotes
Toronto, ON
VMC.V

From Feb 26 - Mar 26 (1 month pre R/S) the average daily volume was 447,086

So divide that by 3, and the post R/S volume should be 149,028.

After removing 2 days of unusually high volume, the volume since R/S is 96,648.

1/3 gone.
Member
Dec 7, 2008
241 posts
395 upvotes
Toronto, Ontario
$VRXT just went up 50%. No idea why but I will take it :)
Jr. Member
User avatar
Feb 26, 2015
155 posts
125 upvotes
EEENF is rumbling.
Not sure if anyone is in this play, but something might happen again soon.
Member
Dec 16, 2006
359 posts
311 upvotes
Toronto
melodymelody wrote: $VRXT just went up 50%. No idea why but I will take it :)
Presumably a squeeze. Massive price drop last time was a complete over reaction to their findings which weren't all that bad. Data updates should be coming soon from the company
Deal Addict
Jan 6, 2006
2667 posts
814 upvotes
tietherope wrote: MVIS under $20 if anyone is interested.
doh i bought back half of my position at 22...

I guess i'll save the other half for tomorrow.

i
Sr. Member
Dec 8, 2020
723 posts
774 upvotes
Toronto
ballashotcaller wrote: MVIS getting juicy to buy back in...
at what price .... sub $12?
Last edited by Janus2faced on Apr 27th, 2021 12:34 pm, edited 1 time in total.
forgive the grammar, typos & verbose ramblings. If this bothers you, then don't read my posts, but If you can get past this, then my nonsensical posts could have some value.
Member
Dec 16, 2006
359 posts
311 upvotes
Toronto
notenoughsleep wrote: LNK...why you no go up?! Disappointed Face
Give it a day or two. Offering from last week still hasn't closed. I'm grabbing some cheapies
Sr. Member
Jul 14, 2004
546 posts
35 upvotes
drwxr010 wrote: fingers crossed for $18 area to close the gap
Thinking along the same lines - previous highs may become new support.
Member
Aug 13, 2019
362 posts
189 upvotes
mvis old resistance was 19, maybe it acts as support now?

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