Wednesday, May 25, 2011

Trading Results for 5/25/2011


$MRNA - 3.5% profit in 20 minutes. Not a bad day for us. When I buy stock that costs less than 1 dollar and volume is not quite strong I am very concerned about bid-ask spread and MM's manipulation. Always do it in "manual" mode and there is a risk of psychological bias (hold loser too long and sell winner too fast). I don't know how $MRNA going to evolve for the rest of the day, but my quick 3.5% profit trade in this truly pennystock arena sounds good to me. I am out for today.

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