OMG! Leave at 10:30 AM to go into useless meetings (job thing y'a know) feeling pretty good that my baby got it up another $0.17 after 1/2 hour of trading and come back to the computer at 4:30 PM only to find my sweety down to $1.14! That's $0.25 down on the day and a swing of $0.31 during the day!
And this on GOOD news! (US Patent granted)
Let's hope that we see what I'm calling the Retail Rippling Effect. The trader's have done their stuff today and the good news will permiate to the retail public and share price will go up over the next few days.
Potential good position for day traders to make 30-35% over a few days.
Can anyone postulate an explanation for today's downfall on good news???
Cheers!