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Buying Swing: buying for a swing MDBX stock at 36.58 oversi

Posted: Tue Jan 14, 2014 10:29 am
by MMASSASSIN
Buying Swing: buying for a swing MDBX stock at 36.58 oversized witch is 5 times the money allocation of options. This is higher risk since its an OTC stock mental stop 32.50. This is a Marijuana stock and supposedly the biggest game in Colorado where it got legalized recently. There is no real fundamental analysis on this stock since it is an OTC so be careful. The stock has moved from 93.50 to these levels in a matter of a week, this is just very volatile bounce swing play.

This trade is one part of a larger strategy so please look back at Previous posts to see the whole picture. AND IF YOU ARE NEW, PAPER TRADE FOR AT LEAST A FEW MONTHS because this is ADVANCED OPTIONS TRADING !!