Mar. 11 at 8:48 PM
$ECX is a real mover and one of my favorite trading stocks. I sold it at the open, bought it back lower, sold it again and, at the close, bought it back again.
This stock is famous for big vertical spikes in both directions. And the last couple of days illustrate it. Down 25% in two days, on no news. While the price action is scary, it also offers opportunity. And I don't see any fundamental reason to stay away.
No idea what will happen tomorrow. Sometimes the stock craters for several days without apparent reason. If so, I'll keep holding and adding. Or I might get a profitable exit on one or two lot at the open tomorrow. We'll see.
