Here's a funny story that happen to me trading LOU
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Here's a funny story that happen to me trading LOUD, back in the day....
I'm loading up on LOUD for about a month and collected 200k shares from 40 to 50 cents.
News comes out, LOUD just signs a deal with AOL to provide streaming music, and I want another 200k right now.LOL
Markets getting ready to open and I'm getting the order in. The trading platforms were different then. Some confusing and I had 3 different brokers. So I put in my order and hit back to the streamer. Bamm, Bamm, Bamm, LOUD explodes upwards and I'm filled with excitement 55 58 60 62 65 cents .....Well, my dumb self had accidentally hit market order and those are all my shares being bought..... The stock falls back to 55 cents and I'm horrified/ in shock. LMAO......
All ended great as LOUD finished above a dollar that day, in fact I sold plenty at a dollar and 23 cents.
I always think back, I often wonder if I was the one that brought all the major volume in/ PPS rise when everyone watching LOUD saw the Market order execute. I just don't know, but it may have been the best mistake I ever made....LMAO
LOUD did go to 3-4 dollars a month or so later....
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