<Seems most of the time, it's impossible to follow your leads because when you get around to posting what you've bought the stocks are already way up or if you've sold they've already tanked back to opening prices..>
Probably true 20% of the time. Many, many counter examples too numerous to name: I bought OGPS at 1 1/16 at least 4 days prior to taking profit at 1 1/2 when the 2 newsletters hyped it.
bought CHES at 0.036, sold it the next morning at 0.05. bought back around 0.039 a few days later, still holding.
Held HRCT from .26, added at .48, then took profit DAYS LATER around .97. Bought it back at 0.78, added it on Friday 1.01, still holding.
Bought SRCH at 8 1/8,added at 7, added more at 6 3/4, waited for at least 10 days and finally sold it between 13 1/2 to 15 this week.
Bought TJOB 6 3/8,1/2 on Tuesday, didn't sell it until the next morning around 8 3/8 to 1/2
Bought SLNE at 9, added 9 1/2, sold it a day later at 12 1/8. It still closes at 11 7/8 on Friday.
EELN, received sizable IPO allocation at 14, bought twice as much between 23 and 28. sold 3/4 of the whole position between 43 and 48. bought again two days at 50 5/8 and sold the whole lot avg 68 an hour or two later.
bought GLXY 1 9/16,5/8. the stocks stay in the 1 7/8 range for 2 to3 days. then it exploded to 4 1/4 in 1 1/2 hours on the third day.
I do have some quick in and out trades during the day, but for the most part, I hold most trades for at least a few hours, during which there are plenty of time for someone to enter if they so desire. The ones mentioned above are just a very small sampling. |