Small cap day trading goes in cycles.
There were some really big % winners from Fall to Feb.
But they peaked and like I said those stocks that went from pennies to Dollars could end up at pennies again.
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I started a small long position on $AHT (which I will be adding to) for a long-term play because I see it as good value right now. Also believe it might head under $2 before it reverses. However, it’s a reopen-the-economy play, and right now is low risk high reward.
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They’ll be pennies again for sure! Then the cycle starts again hahaa.
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My portfolio is down 8% from it's high in February (clawed back from 14% down). It's just unfathomable to me how people made $50-100k+ and let their portfolios get down 70% or worse, it's just unconscionable.