Conversation

News is a great catalyst for moving a small float stock. You have to read through it VERY fast. Having experience on what kind of news affects a stock in a positive vein and what news is beneficial in moving a stock price higher is a big plus with day trading.
Quote Tweet
First thing I do is quickly read any recent news. As you know many small stocks move on news. Even though as time goes on that news has no consequential bearing on changing the fundamentals of the co such as earnings etc Day traders just like to use news as reasons to P&D Stocks. twitter.com/MasterBJones/s…
I notice sometimes a stock will have really great news in PM, and then pop. Then it can fall pretty quickly or go much lower at the open. Sometimes it may continue to go lower for a couple days before finally reversing. Why does this happen and what’s the best way to play these?
1
1
Show replies