Re: Stats for INNO
Still 3 times average daily volume, there were 2 panic sells at the close at 11/32, all small batches, followed immediately with buys at the ask at least 2x the size of the sells.,which were the only sales at this price all day. 3/8 support still very strong. If entering or exiting, play the spread, don't sell at the close, don't buy at the open.
Andrew, please excuse me for butting in here, but ....
Robin, never chase a stock. Once you have it, you are now experiencing what we call the "wall of worry" or buyers remorse. There were reasons you bought it. You will read good and bad about whatever you buy. Only you can decide what to do. Don't flip your holdings. That means change your mind every day, 2 days, etc. That only makes money for the brokers. XCIT and INNO are different kinds of plays. We had a lot of excitment recently about INNO, and now it is calming down. The price will be stable short term.
I've really enjoyed your posts. I've considered suggesting that we start a thread called "Suggestions for Robin"? Because of your particular situation (student), you should be in certain types of short term plays. Anyone interested?
Good luck.
P. Webster |
