I moved another trader profitably out of TSOI on the last run and waited for it to base the Honey Bucket before buying in myself. This stock is a beauty for pump action and I suspect that whoever is moving it, either wanted to take a year end loss and then re-accumulate or bears had it by the short & curlys, dunno. I care less about the fundamentals on stocks like this and tend to trade on pure technicals. Still holding 1/2 my stash after a quick one day 100% and waiting to see if it Fibs out well like last time.
As always, "Not investment advice", DYOR and good luck!
As always, "Not investment advice", DYOR and good luck!
Comment:
When something doubles, I sell half. This covers your nut and everything else is gravy. If it goes to zero, you're out flat but if it continues then you're up 100% plus. TSOI is a classic pump & dump. Look at the deep retrace action on it. I'm back in it at 0.23 for a DCA and if it goes to zero, I'll still be flat for the overall, zero win / zero loss. Let's see what it does from here . .
