This trade is what kills off 1/2 of the day traders.
They fall for the Pump and Dump.
They jump in at the highs at the open thinking the stock is going to keep flying. They can't see that volume has spiked. They chase and hold. Vulnerable now to big losses.
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$GRVI
Just a little day trading lesson.
It had a small float going for it.
But you have the spike on heavy volume at the open.
Then a double top.
So this is not a stock I would chase.




