Just wondering if anyone does this here. For example, today we had the Wall-greens/Right Aid news and then the CAB FTC clearance rumor/news plus a few other hot stories. I was able to jump in on the CAB news and got out with a quick profit (wished I held longer).
I also was able to jump into NKE after hours (earnings report) and could have made $2 per share but I chickened out and closed my position when I saw it starting to retrace a bit.
Basically I would only trade if there the price did not already spike too far and if there was plenty of volume with low spread and I would use a very tight stop. Seems like the risk/reward could be huge if you keep your stops tight and some of these (like NKE today) could move a few percentage points in an hour or two.
Submitted June 29, 2017 at 07:52PM by Pennysboat http://ift.tt/2t6zsRP
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