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Author: FundamentalsMan Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 3855  
Subject: ACAD Date: 10/19/2012 5:33 PM
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Looking around in my account I noticed that this small biotech had gone up 10%/day for the prior two days and was currently up 10% for the third day in a row. I knew nothing about the company but I intended to buy it, hold it until the next day, then sell on another day's 10% gain. Nearly to the minute, once I placed my order, the third day's 10% gain evaporated. I sold three weeks later for a 28% loss. Lesson learned.
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