Does anyone know why there is such price drop. The company is making good profit and there are no major sellers. I think there are actually more busy the an sells.
i have been swing trading this share and so far (I know its only a new share) but it likes to level out slowly before a change. I will sell out as soon as I see it slow down to less than 1% increase over a number of days (3 or 4 days).
Don't forget that volatile stock like this has a big difference between ask and bid price. After you buy stock like this its a long way off before you start to see a profit.
I was thinking of buying a few shares in afe. Anyone got any advice. I tried reading the news on the company. Didn't find anything particularly good or bad. Is there a chance of making money or is this company doomed?