You ever trade crazy stocks like SGBX?

Discussion in 'Stocks' started by JesseJamesFinn1, Mar 31, 2020.

  1. Good Short, that's why I don't hold these overnight and try to get out during the After hours pump! Did you have any trouble locating shares because two bigger online said they had no available shares.
     
    #11     Mar 31, 2020
  2. Absolutely! Esignal Market stocks and Sectors and LiveVol had a good option scanner.
     
    #12     Mar 31, 2020
  3. comagnum

    comagnum

    Stocks like SGBX breaking out on a volume can offer several highly skewed risk-to reward north of 50:1.

    You really need to know what you are doing since the counter swings are very large & luck will only take you so far before you get unlucky.

    You trade enough of these small/micro/nano cap breakouts and you will find a number of repeating patterns in the chart, the tape, & the calandar.
    upload_2020-3-31_17-22-54.png
     
    #13     Mar 31, 2020
  4. I shorted 33,000 shares short. I use centerpoint, I don't have to pay locate fee because if I can't find them, I can't. Do the math, that's what I'm currently up right now
     
    #14     Apr 1, 2020
  5. These are great stocks to trade, amazing!
     
    #15     Apr 1, 2020
  6. Bizmark

    Bizmark

    Volatility big, I never looked at these kinds of things in the past but am paying more attention to Small Caps now.
     
    #16     Apr 4, 2020