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This move worked with a lot of small stocks that Plunged lower at the open. If you bought the low Bids on stocks like $BBIG you could of turned a quick profit on the bounce when liquidity came in and then dumped it. So remember this trading move for the future.
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Liquidity for most small stocks is not good. It's a very tough market for day trading small stocks long. If you can catch some ridiculous short term bid drop on a small stock and then sell a bounce. That could be a trade?