Friend mentioned $SYBX
Here's a case of blatant insider trading so depends when they gave this to you.
They pumped it in advance knowing the news before it got to the public at 2:57 pm.
Then dumped it to latecomers who bought at $3.50/ got their stops taken out on $1.00 drop
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Luckily I didn’t touch this one, it went back up in AH though I believe. I may be wrong
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Replying to
$2.90 after hours but many already got stops taken out on the 30% drop from highs.
I tend to try to stay away from stocks that go up that high that fast because most likely they’ll come down almost just as fast at the first sign of weakness.Even though NBAC was a scam,the way it moved throughout the day was absolutely beautiful. Just like JMIA. Love those moves
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Unless obviously I can catch them early before they launch and not chase. With you’re guidance and what I’ve been learning, soon I’ll be able to spot them better on my own.