Choppy, choppy chart on MICT. Got in when it popped up on the scanners. Stopped out for a 6 cent loss, a net realized loss of $120.10.
What was the problem with this trade? The main problem was that it literally just popped out of the blue, 100k shares on a 1-minute volume pop on a stock that traded with relatively low volume. I think Ross had been thinking the same thing at the time.
It would not surprise me if this stock was a pump and dump, but I do not know that for sure.
Execution detail:
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