Damn... I should have sold all my shares on Monday...SMH
All of your share of what?
Damn... I should have sold all my shares on Monday...SMH
All of your share of what?
XSPA announced a reverse split. Bounce play opportunity. Looks like lower support at 1.50
ThrillSeeker, you got in on $JFIN ?
Is this good or bad?
R/S is bad initially. It's a 1 to 3 reverse split. So if you had 3000 shares, you'll now have 1000 shares. It reduces the market cap, so normally it drives the price higher.
Normally I look for a bounce play on an announcement like that. Especially if it happens in pre market. It dropped to 1.51. It's been back as high as 1.94. That's a nice 30% gain in under an hour.
Spot on.R/S is bad initially. It's a 1 to 3 reverse split. So if you had 3000 shares, you'll now have 1000 shares. It reduces the market cap, so normally it drives the price higher.
Normally I look for a bounce play on an announcement like that. Especially if it happens in pre market. It dropped to 1.51. It's been back as high as 1.94. That's a nice 30% gain in under an hour.
@d_the_inc this is a great explanation from @Thrill3Seeker but I’ll tell you why stocks get halted on upside volatility in MOST cases:All of the reasons and codes regarding a ticker being halted are below.
If a stock is moving up too fast or down too fast, it’s halted for volatility. Usually it’s halted for 5 or 10 minutes.
If a stock is downhalted too many times, trading can be suspended for the day.
I’ll let the other bruhs chime in on this, but I think that uphalts are a “batsignal” for the shorts to swarm.
I like bounce plays off of downhalts, especially if you have the level 2 data and can see the bids being placed prior to the halt being released.
Ya boy came up on HTZ today after their downhalt. Hit a bounce play and pulled down a couple Gs when it went from $5 to $3, and then $3 back to $5.
Trading Halts Code
nasdaqtrader.com
I can see $HTZ running to $10 PPS by end of month - you can quote me.
Thanks for the discord hook up. I made a nice run on CRIS and DPW today. I’m cashapping my donation today so you can look for your referral tip Microsoft is making a run today so I’m sitting in a nice spot right now!GNUS is getting volume and rising.
My TEUM swing is looking good.
My PSTV swing isn’t getting any volume. Neither is NBY.
Thanks for the discord hook up. I made a nice run on CRIS and DPW today. I’m cashapping my donation today so you can look for your referral tip Microsoft is making a run today so I’m sitting in a nice spot right now!
Hertz is done. They got the delisted notice.Hertz took a fuckin beating today. They need to take a couple more beatings so I can buy in again and cash out....lol
And these Chinese companies jumping up 1000% after the opening bell......i need to catch some of them.
What?!Hertz is done. They got the delisted notice.
Hertz took a fuckin beating today. They need to take a couple more beatings so I can buy in again and cash out....lol
And these Chinese companies jumping up 1000% after the opening bell......i need to catch some of them.
Yep, learned my first lesson today. I should've sold when I doubled up.
Lost all that profit and damn near half my investment.
Cost for the lesson I suppose.
I fucked up my crypto portfolio by bag holding Ripple.
Thanks for responding to my PM @xfactor . Do you mind sharing your insight here?
My original question was whether you still see HTZ running to 10 PPS at the end of the month in light of the them receiving the de-listing notification today.