I have an interest in the above stocks on the long side if and only if they can get through yesterday’s high +.10-cents. Stocks move in short-term momentum bursts that last 3-5 days. The returns within those days could be anywhere 5-20% or $5-$20 dollars, low price/small float stocks have bigger percentage moves and higher price/large float stocks have bigger dollar moves. The return within the 3-5 days depends on market conditions, market cap and float of the stock.
Here are two recent trades, one high priced and the other low priced; $GOOGL, $IMGN.
STOCK OF THE WEEK RECAP
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at email@example.com or 646-480-7463.
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