If MARA pops pre market

Discussion in 'Stocks' started by realtrades, Aug 3, 2020.

  1. realtrades

    realtrades

    Might look to short, BTC is pulling back, so don't know if MARA will hold the after hours move it made on Friday, for the most part these sub $5 stocks that move pre market get sold off by the free commission crowd at open, short piggy backing on that can really pay.
     
  2. realtrades

    realtrades

    MARA holding onto to some gains 30%, ideally would like to see over $3, I should get some sleep.
     
  3. maxinger

    maxinger

    years ago, I used to trade such tiny penny stocks thinking
    since price was low, it was low risk and hence high return.

    and when price was high, it was high risk and hence poor return.

    Those were the lousy days.
     
  4. realtrades

    realtrades

    Stuck with a small account now, so trading the small caps.
     
  5. maxinger

    maxinger

    hope you don't trade with huge quantity.
    I remembered years ago, I longed a penny stock with $50k.
    I was a major shareholder ( for a short while).

    few days later, I lost $25K.
    In those days, I didn't know about day trading.
     
    Last edited: Aug 3, 2020
  6. realtrades

    realtrades

    I haven't traded anything yet, as the post says I want to see the sellers come out at the bell and piggy back on that by going short, can't trade big size account is small.
     
  7. zdreg

    zdreg

    In those days you didn't know about Pump and Dump.:D
     
  8. maxinger

    maxinger

    right.
    Only thing I knew was how to lose money.
     
  9. realtrades

    realtrades

    Mara up 60%, but no shares available to short, damn.
     
  10. realtrades

    realtrades

    The crowd selling MARA, non stop from $3.66, wow, since there were no shares for me to borrow, I went with AMBO short instead, which resulted in a 2.16% increase in account value, which is good for me, I know the Twitter crowd likes to post 10-50% gains a day, but for me with only 1 day trade left in my small account, I'll call it a day.
     
    #10     Aug 3, 2020