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Playing & Trading Strategy

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?

 





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