Posted On: 04/02/2014 2:05:37 PM
Post# of 56324
Re: any1butyou #10843
True to some degree. Let's look at the fitx trend the past week or two (I'd use exact dates if I weren't on the iphone).
We rise early to .087/8, fall to .083/4 and close .084/5. We all know this and it's easily predictable. Who here had reason to think today would be different? This is predictable, and could be easy to flip.
I, for one, haven't flipped fitx since I took a decent beating, selling at 0.0885, when the trend was sub .07 and shot to 094/5 for a week. I figured it was the new support.
Fitx is unpredictable, and when .001 is > 1% it's easy to predict, but impossible to guarantee and less stable than an established stock. Put simply, these penny pot stocks aren't playing by the "traditional" stock rules. Just my .02.
We rise early to .087/8, fall to .083/4 and close .084/5. We all know this and it's easily predictable. Who here had reason to think today would be different? This is predictable, and could be easy to flip.
I, for one, haven't flipped fitx since I took a decent beating, selling at 0.0885, when the trend was sub .07 and shot to 094/5 for a week. I figured it was the new support.
Fitx is unpredictable, and when .001 is > 1% it's easy to predict, but impossible to guarantee and less stable than an established stock. Put simply, these penny pot stocks aren't playing by the "traditional" stock rules. Just my .02.
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