It all depends on your time frame.
Yes, my time frame is the one that makes me money, the minute it starts faltering, hesitating.... it is bye, bye...
3.) The stock is above it's 13 week EMA. Which it violated today but bounced. Quite often that M/A acts as support/Resistence. I use it as a stop but it has to close below it for me to sell.
Maybe Monday.
There, you have the answer to the puzzle... I assume, that when you say, "maybe Monday", that means you will sell on Monday.... if so, I rest my case.
If it sounds like a fart... feels like a fart... smells like a fart... it probably IS a fart.
FCM sounds like... never mind.
Have you ever heard of "hope" trades...? or worse, trades that converts you into a religious person, you know, the ones in which you start praying it goes your way...?
"I hope it turns around".... As for praying, well, I don't do that, I was vaccinated a long time ago... against that, and rabies too.
FTEL/FCM: Of course they are the same stock. The manipulation may be less but the company (and what the market "sees" as fair value)
is the same.
Not so.... if there are more buyers, STRONGER buyers, (such as institutions), the stock (if the markets so determines), will go up AND stay up, due to said stronger buyers.
The likelihood of such happening in the fleas is largely reduced, if not eliminated altogether.
If there were no difference, WHY would any company want to be in a BIG exchange, where they have to fulfill specific reporting and other requirements, as opposed to the near license to steal of the fleas, where reporting is done on a "if you want to" basis ?
Size matters... At least some girls like it so... Of course, there is always romanticism... You know, like story stocks....
Manipulation ?
I see...
Well, I do not worry about manipulation... I simply sell and move to the mule that it is in the process of upwards manipulation... aka "UPTREND" (in other words... why argue?... If they want to manipulate it, why get into a pissing match where clearly the wind is very much against you ?.... Sell, and on your way to better things, life is too short to argue with hypesters or bashers alike anyway.)
P.S. I would look to daytrading for the spikes.
Daytrading FTEL/FCM ?...
Come on... with slippage, spreads, commissions, taxes, and the fact that no one is ever right all the time, daytrading FTEL/FCM is as productive as talking to a bureaucrat... or watching paint dry... or speeding is considered going at 5 mph.
You can do what you will, but I seriously recommend you to look at other stocks for daytrading...
FCM is for the romantic at heart. In the end, it may turn out to be a great stock... one of these centuries....
.... Or something like that.
As for me... soon the resident Quasimodos will be rid of the venerable Obe Juan Con O'bie, the famous Irish Revolutionaire who escaped to Colombia, away from the Imperial forces.
I will repeat the words of the ancient Samurai, Fu-CM 'n Li'vm, as the nostalgic former young man relates the story of foolish [but full of lust and greed], days gone bye....
"I am not as big as I once was..."
As stated above, SIZE matters.
So I will leave you to your soap opera stock, I hope you enjoy every "thrilling" upward movement, who knows, one of this days, even FCM will find the magic of Viagra... and can stay up, longer than a day or two.... He he he he.... |
