Thread: Money Investing megathread extravaganza
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Old 03-10-2021, 08:03 PM   #8333
lewdog lewdog is offline
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Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $1541900
Quote:
Originally Posted by MTG#10 View Post
Nice. Are you going to sell at open or let it ride out for a while?
I'm not sure the term but there's plenty of volatility here so I do what I call "spike sell."

I will set a sell for $15 for at least half my shares. This order will be made GTD (good 'til cancelled). As we've seen with these stocks they could hit higher numbers but many times only for a few minutes, luckily these aren't shit penny stocks so orders should fill quickly. I'm hoping to catch a "spike up" where it may only hit something like $15 shortly and sell.

There is NO LONG TERM potential here.

I do similar stuff on penny stocks like today on that piece of shit BORR. I've watched how it's been trading and got in at 1.19 a bit after open. Immediately set a sell order for 1.25 which hit a few hours later. 5% profit and out.
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