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re: Weekly Stock Market Plays/Thoughts - March/April
Posted on 4/11/17 at 2:28 pm to rocket31
Posted on 4/11/17 at 2:28 pm to rocket31
quote:
this one is at .68-.69 now and the more i think about, i think it might come crashing down back to the .50s
yea, i felt like it was overbought
support seems to be .58-.60 which are good times to buy, with volume, this will bump again. we need volume though, or low 50s are coming
i bought at .59 and will sell tomorrow (hopefully for profits)
1
Posted on 4/12/17 at 3:08 pm to rocket31
"IMNP" is doing a reverse 1-20 split After hours or pre market 4/13. They have until May 1st to announce compliance. Currently it has a 125 mil float. After the 1 for 20 reverse split, it'll be just over 6 mil.
I plan to buy the reverse split tomorrow morning and see if the usual compliance run up happens.
I've done pretty well with compliance plays in the past, of course it is an educated gamble. RNVA, DRYS, SSKN have had great returns on the compliance plays.
I plan to buy the reverse split tomorrow morning and see if the usual compliance run up happens.
I've done pretty well with compliance plays in the past, of course it is an educated gamble. RNVA, DRYS, SSKN have had great returns on the compliance plays.
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