This stock can't catch a break ๐
$Fisker (FSR.US)$ Almost started a position at 1.80 thinking there was some decent support there. Glad I waited. Now just waiting for confirmation that the bottom is in.
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Justford : Where do you sign up to get the "confirmation"?
KubeOP Justford: Nowhere unless you want to trust someone else with your own money. Better to learn and invest in yourself. I personally just would rather buy at a higher price when I can see multiple indications and signals that the stock is bullish than buying when it's clearly downtrending and trying to time the low. I'd often end up holding that bag for way too long hoping it would go up when that capital could be actually making money elsewhere.
Strik57 : always start a position small go from there
KubeOP Strik57: I sold $1 strike puts on this worth $10k in shares for about $2k in premium. I used that to start a position in this. I don't think it will drop below a dollar but will keep an eye on this just in case.