lots of stuffing action BUT the main reason got me buying it was because I saw it had an PR related to Orlando shooting and thought it could get picked up by traders. Was wrong and hesitated to cut my position. Perfect stuffing, stuffing and boom HOD stuffing and followed by all day fade. I had 5000 shares with $2.06 avg which was wayyyy tooo big for long side. Casino trade!!!
I don't have regret on taking this trade but should have gotten out earlier when it failed twice breakout. Should have avoided it the first place. Huge spread make it hard to trade.
My only gainer of the day, chased a little bit because daily chart is extremely over-extended.
Got fooled around by this type of rip pull, rip pull type of action. Did good job on covering when $2 reclaimed. But I chased buying it and got myself into trouble. Whenever I chased I paid the price and this is not exception.
Today's market is different from last week's. Small caps weren't running smoothly like last week did. Therefore I decided to withdraw $31,000 and start trading small for the rest of week unless I see amazing opportunities.
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