Tuesday, May 24, 2016

I missed Zoom's big move

I wrote this post from Sept 15 - 17, 2015 when ZMTP was trading at about $0.80.  I placed an order for ZMTP on Sept 11, 2015 for something like $0.75.  It was a limit order for maybe 5 cents below market...man was I stupid.  I was trying to catch a low price rather than buying what I knew was cheap.  Costly mistake on my part but a good lesson to have.  When something fits just buy some then as time goes on you can try to get it cheaper.  Just as I finished my blog post ZMTP woke up and doubled then kept going higher, it now sits at $2.40 and I missed a triple.  I hold no shares.  I have had a limit order in off and on ever since but it has been fruitless.  I'm an idiot