Wow, wild ride. I bought another 1/4 of my original stake in MTOX back today as it was at 29.50. That turned out to be almost the high for the day and it reversed to down to 27. I wasn't sure what to do, should I hold to see how it closes or get out before it sank further? Surely, I would end up selling at the low of the day. Ugh. I decided that I wasn't able to be unemotional about it, so I just closed it all out. If you don't know what to do, just get out!
I lost $160 on that little experiment. I still am ahead over $1100 on MTOX as a whole, but I really let at least that much get away.
This is a case where selling 6% off the closing high might have been a good idea.
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