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[–] sane 0 points 1 point (+1|-0) ago  (edited ago)

-20.81% 6:30pm after hours trading...

That's almost 21% beat down!

That's good for a "dead cat bounce" of 3% one day gain, if it was not Friday tomorrow.

Instead of 3% reversal, it might take a beating more over the weekend!

If you DO want to chance a "dead cat bounce" to catch it, due to fill order whipsaw manipulation, do a "any price" MARKET ORDER, 6 to 8 minutes after the bell. NOT BEFORE the first 6 minutes! NOT. You need market order to force the trade to fill immediately and no inter-house pair up swindle, this way it has to hit the wire and they have to fill it, even as it spikes rapidly 3% and flattens before 10 am.

DEAD CAT BOUNCE : one of countless opinions :

https://www.investopedia.com/articles/00/101700.asp

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[–] Blacksmith21 0 points 1 point (+1|-0) ago 

Tomorrow will be very telling. It's up a teeny bit in after hours but that could be some bottom feeders thinking they will catch the bounce tomorrow. I think we've already seen the DCB. I got out of all social media stocks over 18 months ago. Stupid, I know, left a lot of money on the table. Used Q to make some decisions.

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[–] sane 0 points 1 point (+1|-0) ago  (edited ago)

Used Q to make some decisions

I never had the guts to use Q to make decisions, but a few 2016 Q posts were tempting. i am too gutless. I think the BEST biggest IPOs that panned out were shitty overvalued (to me) crap that WOMEN kept chatting about all the time. day time talk show educated WOMEN friends of wife. Basically... NEVER rely on logic or sanity or reason when picking stocks mid-long-term. I should always buy what unskilled women chat about.

Before the bell trade (4:00AM allowed now), will have enough active players to avoid scalp-age from unconscionable bid-ask spread range tricks. I still think its best to see with own eyes a upswing START, and then drop in a market order into the feeding frenzy, just in case the dead cat bounce never happens at all. That way, by sticking to guns, you increase odds of catching most real dead cat bounces, and your order gets filled.

My 4 biggest slaughters on bad dead cats, were when companies issued material news that further spooked the stock. Man did I get a few ass poundings , but MOST dead cat bounces worked. MOST.