Happy, it attacked 2.50 three times, there was churning going on...Like in baseball, three strikes and you are out..What that means is that a lot of shares exchanged hands at this level, and it just sat there...That tells you people were dumping..BTW, I did not get 2.50 but I believe, around 2.38 on the exit....Normally, I would have just let this position sit, but I was at my computer at the time and saw this happening...Today I would no longer buy a stock like this, since I am now trying my hand at day trading...I'll tell you, it is a real challenge....Regards, Mark
P.S. I bought PTEC yesterday at 14 7/16....It finished strong, and I am looking to exit at 15.50 today if the market cooperates.... |
