This is something i will keep an eye on. On a scale of risk 1 -10.... pretty close to a 10. But it may prove to have some short term profit potential. I am not touching this with a 10 ft pole yet though.
Trade closed: target reached
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I hope you got out on the spike. I don’t see this as a long term holder
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That was pretty nice. Honestly. I’m Shocked this didn’t drop. I’ll keep my eye on this and get back in maybe.
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Wow I wasn’t expecting that lol. Win some Lose some. I made out with some cash but not 100%. Geesh.
Do you know why the stock got down like this? Apart from corona
Thank you
ebred
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@AlexNes, they deal with mortgage derivatives. I think the the main reason it’s not rising with the market is that it’s going to be more difficult to get a mortgage for the near term. I’m not too up to speed on the company so I don’t know their financial power. I’m simply looking at some of the technicals. Right now the price looks like it’s under the 20ma. If it pops up and the 20ma becomes support I may buy some. It’s super risky compared to all other stocks available to purchase hence its price has not recovered. If the company is strong and has planned properly I’d expect upward movement would most likely be swift.