Can't say I am interested in jumping into this position, personally I would need to see a $4 break and a lot of volume come in. But for those that are already positioned this should provide some context.
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Starting to run into circuit halts, let's see how far it can go.
@TradeSplash It was strange volume last Thursday but Friday it dropped 13% so I can't figure it out. Whats your thoughts going into Monday on GOVX?? They had some big insider buys but that doesn't mean it won't drop more. I like the big potential however. Love to hear some details one if it's worth stomaching another few big red days. IT's extremely risky stock.
BRD8
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@BinSF, I just updated my thoughts on this in response to your question. Number 1 - Have a game plan when entering a trade, always. What's your risk/reward? What was your original exit price if the stock didn't go in your direction? These are questions you should ask yourself before every trade. Develop a thesis. But, as far as my thoughts, this thing could easily just fade off and with so many stocks in play it shouldn't be a main focus. Watch the price action tomorrow and let's see where it opens up!