Re: Low Volume Drop - MM activity
posted on
Nov 03, 2006 10:10AM
It's the chance you take being out at the wrong time, meaning for significant moves on whatever happens to be the driving force du jour.
This time around, patent news...
A most notable "swinger" and anti-Edigger from '99 took your stance, missed the run and ended buying in at $8 for chump change. Lots of feel good swing trades that serve as lunch money and a lot of brag without much punch.
If you're hungry I suppose it is a way to play, but not my game plan.