When to let go, when to buy in
When you are a novice investor and dont have a lot of time to review a companies filings, the best time to let go of a stock is whenever they are filing reports multiple times in a day or everyday. Because if the filings are good news the stock has already been affected by it. But if its bad news it can continue bringing it down for a multitude of days.
Lately the best time to buy in is after good news has been released and nothing happens or it even goes down. This is usually because there are too many shares available and not enough volume happening that day. With low volume it can take upwards of 2-3days to see any big price moves.
This will be the case for $QuantaSing Group(QSG.US$. They are a low volume stock so when they release good news a short seller will dump all of their remaining loaned out shares(short shares) and since its low volume it will crash the stock. The stock will turnaround right after but it can be slow moving as the momentum builds and investors who sell after 10-15% gains will have a more profound affect on the price movement. This can even cause it to stall for a day so that stock will go up then not move at all the next day.
Stocks on my radar:
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Rivera : Loading more
Biff : Great Post
Biff : I'm in LQR
Mcsnacks H TupackOP Biff: yea I got in at .56. They finished their 200,000 share buyback yesterday. So that will start affecting the price more today with volume
Biff Mcsnacks H TupackOP: .63 here
Roy 2470 : Just below support. Looks like a runner today.
Mysha-Han Han : @Alvinnnnnnn89@Mcsnacks H Tupack Masters u guys think still there is a chance it might move ?? Holding for long time. Thank you
$LQR House (LQR.US)$
$RVL Pharmaceuticals (RVLP.US)$
$System1 (SST.US)$
$NRX Pharmaceuticals (NRXP.US)$
$Assure (IONM.US)$
$Clearmind Medicine (CMND.US)$
$Better Home & Finance (BETR.US)$
Clueless Noob : Welp... I am a dumb ass. Got in at 24 dollars and was thinking about selling at 28, but became greedy and wanted more. Don't be greedy guys. Learn from mistakes others doing. No one to blame except myself.
good luck everyone and have a great rest of your week!
Sedliberanosamalo : Is WHLR worth keeping or cut losses sir? Appreciate ur comments