Hi, I bought shares of STAA yesterday. Trading did not resume today. How can I get information on what is going on? I have been on several sites including www.nasdaq.com but could not find any news on the stock. Can somebody help? Thanks, DT1
If you're holding stocks overnight, make sure you keep track of the news on your stock. They've had an FDA meeting scheduled today for quite a while. It looks like the news might not be that good.
Technically speaking it was giving off buy signals on Wed. I would have bought at EOD Wed or on the gap up on Thu. I've never questioned adequately whether tech analysis leading up to a news event has the same meaning as in a news vacuum. Hope it works out well for you.
Sometimes these stocks run up just prior to a big FDA meeting in anticipation of good news. Probably good to get out prior to the halt if you know about it.
I usually buy around 4 stocks per day. Unfortunately I am not trading full time so I don't have time to follow up news on these stocks. It is risky but this is part of the game, isn't it?