I bought 3000 ACY from $8 to $19 and dumped most at $30s leaving 400 hoping for another $10. If it tanks its part of my 1500 bought at $8 so there is no way to lose since my trade is well over a $XX,000 gain locked in. How long do halts last, another BIIB or bad news tank. Again not concerned because I sold
The only trade I did was buying small size at 6.4 trail stopped 6.47 epic fail missed the big run to 38. Congrats if you did great with it. Big gap down after loooong halt. May be interesting tomorrow!
I bet a bunch of people got slammed because they walked it up $20($18 to $38)with posters on trading forums yelling “$50”!. AIRT was identical on Thursday, weird stocks.
Surprised at how far it ran, and also how many hours that it got halted for..... tomorrow may be volatile, reminds of SPI? recently
The Halt at $38 I knew was “Party over out time”. Trading halts Better stocks to chase now, they usually fade back down while shorts take control now the frenzy is over. Same thing with AIRT on Thursday. Stock gets halted till ten minutes before the Close. I bought 500 shares at $33 after at down halt. AIRT goes from $34 to $36.7 they halt trading again 15:53:00 letting it opened for one trade at $38 at 15:59:59 EST. My sell order at $36 got combined with the Close print., AIRT tanked, figured they would hammer it down because traders were trapped in the $30-$40 price point. AIRT hit $26 in AH. To make a long story short, their gonna crush longs, better potential stocks like GEVO or MVIS if Hidenburgs hit piece gets absorbed by buyers?
Great notes re AIRT, missed it. Looked for eod short squeeze ACY but no love, wide spreads. Probably choppy af tomorrow