I lost $14,122 on a trade that only paid me $1,226.
Two days ago, I promised to buy $LITE at $900.
It was around $990 at the time. I didn’t think it could drop another 9% that fast.
By Monday night, I was already up about 40%.
I planned to close it the next morning.
I never

Ronald | Income from Stocks@StocksCashFlowOne of the names that has dropped a lot this week is $LITE.
Sentiment around optical stocks is really bad right now, and it’s already down about 10% since Monday.
Even after that drop, someone paid me $1,226 to promise to buy it at $900. That’s another 9% lower.
And it has to
