Ha! Glad I sold out this morning. I booked some meager profits and and sat down. I had some AAMRQ but the whole thing was riding on a court approved merger. Holder and the DOJ was against the merger but if it went through the stock would more than double. I lost my guts and sold at a small profit.
nothin’ wrong with profits, even the meager kind.
I look at that stock once in awhile, have it on a watchlist. Hasn't tempted me yet.
It looks like it's going to be down the rest of the day. I bet they don't know what happened.
I had stop quotes put on all my stocks back when. One morning in the span of a few minutes, they all tripped. I was looking to lose a lot of money. ST restored every one of them for me. I guess I was the first to notify them but it affected other customers, too.
Man glad I'm not in the middle of a day trade with a lot riding on it. Think of all the day traders out there! I can't day trade any more until my stock comes up to break even which I believe it will; after this, who knows?
I had something interesting to share. I will try to post it later if I can find a public site. It was on ST. The general theme was the mad trading before the market crashed in 2008. The writer explained how it can't be sustained because of interest rates rising.