Markets make a big gap down and then rally. Not much conviction 114 /92 4% + 4% -
I got stopped out at the close. With earnings tomorrow I'm perfectly fine being on the sidelines. There's no rule that says I can't jump back if this firms back up.
This looked like was firming up so I bought $5.05 I was stopped 4.64
Like I said there is no rule that says you can't get back in. GEVO had earnings and they caught on with the momo crowd. I picked it back up with some size at $5.14 (session closed @ 5.44) Plan to hold overnight and sell opening gap.
PTBI: 8.84 (a.h. buy)
My last 4 after-hours or buys into the close have worked well. I've taken 0 of those trades to the opening bell and I expect this one will be no different. 9.20-9.40 will be the target.