I stopped buying stocks in 2014. Started trading options in June of 2014. Mostly IBB options. I'm using this blog for a record of my trades, good and bad, so I can look back and see if I can improve my trading. If you would like to trade along, don't, I some time hold options only for mins. A week or more I feel is a bad trade. Always remember it's a rigged casino
Thursday, January 17, 2013
BTX down again 2nd day
Well all good things must come to an end. BTX closed down 19 cents at $4.69 on 465,140 shares. The 3 month avg. volume is 166,466 shares. I think this was a pump and dump. The big boys run the stock up, buy calls, selling them before they dump and buying puts before they dump. Then sell the puts way they drive the price down by dumping the shares. Making alot of money on the way up and on the way down...........Good luck in this rigged casino,
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment