NASDAQ:TOMZ Entry : 4.40 Stop : 3.60 Target 8.00 Risk with stop loss = .80/share Position size calculation : Max allowable risk = .05% - 5% of account equity (dependent on risk tolerance) 1) No stop loss : entire position size = max risk / entry price (4.40) 2) With stop loss : position size = max risk / .80 Goal : get into risk-free or even better cost free...
Entry : 4.40 Stop : 3.60 Target 8.00 Risk with stop loss = .80/share Position size calculation : Max allowable risk = .05% - 5% of account equity (dependent on risk tolerance) 1) No stop loss : entire position size = max risk / entry price (4.40) 2) With stop loss : position size = max risk / .80 Goal : get into risk-free or even better cost free...
This is a bit of a covid play / lesser know negative beta stock . Beta is -5.88. TOMI Environmental Solutions, Inc. provides disinfection and decontamination products and services for indoor and outdoor surface, and air decontamination in the United States and internationally. This is the second time I have played TOMZ , discovered it looking for low beta value...
Recently this pattern has produced big gains with consistency, I've linked the similar ideas below