Friday, May 13, 2016

5/13_HTGM, JCP, TLRD, GIG_screwed up my bread-butter play

















the ONLY reason that got me longing it was the fact it has low float. O Man just because it's low float doesn't mean it can run!!!!!There is no correlation between the float number the likelihood of uptrend
Looking back this is "fallen Star" setup which I made big money from. But due to low float and low volume I couldn't pull the trigger. I even remember what Auspex said, "shorting on low-volume play is suicidal." Glad I realized my mistake and flipped short and almost breakeven

















Large Float and hard for me to trade because I don't have patience and reckless. From short perspective you have to wait till the backside to play size.

















late day ABCD but didn't workout so I sold. good trade

















Citron bash play but didn't workout and trended back up. Citron is useless now. Last time it bashed MBLY and it didn't go down as well.

















Afraid of liquidation so I got out. shoulda woulda coulda..

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