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look back 2 days and apply the standard movie fluctuations after major news. Opinion/analysis inside

Posted by: PVL Admin (a.k.a Rocket123) on Mar 31, 11:26 in response to Jeco's post This rollercoaster for ANCH2? What's up with that?

So ANCH2 looks like it may be a go. This is a major news story for this stock, because until now, Will stated it was dead. The price of the stock is low, and the actor is popular. So it goes up...fast...by a lot. Day 2 it continues. Not unusual because it's big news...it goes up...by a lot. Now the stock is priced at 47$. Still with no release date or anything else. Now it falls into the cayegory of "on the radar stock" with dynamic stability issues. The oscillations begin. Those will dampen over time (a few days) become less and less, the stock will fall off the radar and slow bleed until the next news. That's what I think can be projected by the behavior of almost every other stock in the same circumstance.

How to play if you agree with above analysis/opinion? Well, first if you don't agree, then DO NOT do the following. If you do agree, then you have a few ways to play the stock. 3 options IMHO. Play the roller coaster and try to hit the highs and lows for max $$. OR Sell off until it stabilizes and then take your position (less drama). OR Short now and ignore the market fluctuAtions. (more conservative). The choice is yours...buy...short...sell...cover...ride...don't ride...WHAT TO DO?

This rollercoaster for ANCH2? What's up with that? Jeco Mar 31, 08:23

I'm guessing a few dozen people also noticed that, and decided to do reset trading for easy cash as well. Just a hunch. {nm} arf Mar 31, 09:44

Your hunch is wrong....it moved at reset but not one of the top 10 movers within the 1st hour (less than half a percent when I finished up) alfpaulytd2012 Mar 31, 09:52

According to PortMonkey and un4gven's charts, it dropped from 45.43 at reset to 43.29 an hour later. A $2 drop wasn't in the top 10? Wow. {nm} Paul2k Mar 31, 09:56

I stopped 30 min. in and i mean both directions alfpaulytd2012 Mar 31, 10:56

look back 2 days and apply the standard movie fluctuations after major news. Opinion/analysis inside PVL Admin Mar 31, 11:26

Am I right to saythat reset trading is 1.) be around at reset 2.) buy into anything that's moving. 3.)make money. Is that the gist of it? dave3626 Mar 31, 13:00

Nevermind. Rifled thru old posts and found it. {nm} dave3626 Mar 31, 17:58

Pretty Much. Get the PortMonkey script for GreaseMonkey in Firefox to help out with trends and such. Invaluable! {nm} arf Apr 02, 21:03