2 ms·
Just a small tip if you think mtgx is right and want to bet on the Zen making it big to wait a few days until the stock settles from the jump its just made. The
by tinco 11y ago
Just a small tip if you think mtgx is right and want to bet on the Zen making it big to wait a few days until the stock settles from the jump its just made. There's sort of a springy-ness that follows a big jump as speculators and long term investors sort out the value of the stock with this new info, and usually that means the stock will drop a few % below the peak over the few days after it.
This is just for if you want to isolate your bet on the Zen from the jump in stock that it's just made (assuming that was not Zen related). Not a prediction that it will actually go down. (If you bought now, and it would go up the coming few days you might feel like you made a good decision, but it was actually due to effects that were outside your expectations, so basically luck which is something I feel should be as small as a factor in your investments as possible)