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No idea why Sykes name was mentioned here given his stance on Biotech and this being not OTC but NASD stock, but today there is a cheering in Sykes camp - one of his students posted a long trade in KBIO than made over 100k for her. Apparently Sykes gave a long signal on profitly after that turnaround with Schrkeli.
Trade to live. Not live to trade.
Can you help answer these questions from other members on NexusFi?
I've always only referred to OTCBB listed stocks as penny stocks. Stocks under $5 are of course subject to delisting and becoming a penny stock on OTCBB, so they carry their own risks, but I wouldn't call them a penny stock while they are trading on Nasdaq.
Not sure if this is just me, or a commonly accepted nomenclature.
I never traded US stocks outside of the occasional CFD trade, I was wondering if incorporating a stop was possible with such trade or not ?? Because it seems really stupid to trade without one.
Did a little Googling. Don't know if anybody posted this previously in the thread but the GoFundMe account ended successfully. Said he was going to tweet when he got it all settled. At the link is something he posted after the got the money thanking everyone.
Trader calls off appeal for help with $106,445.56 E-Trade debt
Joe Campbell, the trader who asked for help with a $106,000 debt due to a short bet that went wrong, has stopped requesting money on his GoFundMe page.
Campbell has ended his campaign on the fund-raising website after getting $5,310 in donations.
Im taking the GoFundMe posting off, over $5,000 is unbelievable and will go a long way towards this debt, the trader writes on the website. It is far more than I ever thought I would get by doing this page.
The GoFundMe page currently shows the campaign had a goal of $5,000 and exceeded it by $310...