I’d be day-trading the crap out of this stock if I were still in the game.
High volume, large float, large short interest? Oh hell yeah.
That means there’s a lot of stupid people doing a lot of stupid things with that stock. And the stupid is where you make your money.
The thing that makes day trading easy – for me, at least – is that you don’t have to be smarter than everyone else, you just have to be smarter than two things: your own dumb emotional instincts, and about 60% of everyone else trading in that stock.
And to be perfectly blunt, I can be smarter than 60% of even very smart people with one hemisphere tied behind my back.
And I’m so humble, too.