Bought 1k shares this morning for earnings and decided to sell it this afternoon, figured why risk it when it's already given you 5% in 5 hours? Not worth the risk on a thinly traded stock, 44k shares traded today and that's big volume. It might gap up big tomorrow though and get some follow through from short squeeze.
Anyways, watch stocks for pre-earnings runup if the market continues to melt up. Less risky than betting on earnings.
Anyways, watch stocks for pre-earnings runup if the market continues to melt up. Less risky than betting on earnings.
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No follow through on a market selloff especially with a thinly traded stock. Earnings look good though, but they're going to have to increase their dividend if they want to prop up their stock price.