Quote:
Originally Posted by cool79
i don get what u mean by intra day low for me to catch... can explain further?
dat means queue up n buy back at 0.27 or lower to minimize the damage?
|
Yes, queue up to buy back 40 lots at .275 or .27 ( the lower the better but should'nt be greedy at this time as you are bailing yourself out ). If you are able to buy 40 lots back at .275, you lost only $58.02. If you can buy them back at .27, then you make $143.03.
Intra day low means the variation within a trading day. Although the open and close prices may be higher than your .2775, it may hit south to reach .275 and if you queue, you will catch it.
Good luck!