That LOD to HOD got me scared to short so I stayed on the sideline and watched it crack. Pumpish news yesterday!! I've found when price is too late I tend to do bad!! All day fade today to mid $1s
Big former runner so I got scared to short initially but it fell too quick after I located 3k shares. Was hoping it could get to $6.
Heavily involved shorting it in the morning and it chopped me around. 2 vwap pushing got me scared!! I thought what if it does SGY did last friday so I covered 1k and left rest 1k run. Got breakdown and I confirtably added to the position but again the price action just so choppy so I got out!! No reason to trade hard stock and turned winner into loser.
Perfect trade. Just like Madaz said, everything got soooo crowded these days!!!! I must adapt!!!
Pure technical trade. late short is never a good approach unless parabolic. I shorted 2k at $4.02 risking $4 over/under. didn't workout, small loss
Ridiculous runner and people chased it like crazy. Auspex bashed it on twitter but hey there is divergence between price action and fundamentals!!! I chose to go along the chart and long it twice. low float + SSR +way above VWAP got me long it thinking it may do what STEM did last week. Wrong !!!! got out! $600 loss.
got the idea from D4 and looks like the chart about to breakdown so I shorted 5k shares. covered toooo early. This is a great conviction trade!!!! the price action sugarcoated its fundamental that's how opportunity is created!!!! Profit on both ways!!!!! However on the short side the key is Entry and Timing!!!!!! My timing was near perfect but entry was not that ideal. If it continued to hold above $1 it could still squeeze. Normally I wouldn't short such low price stock in this timeframe but man, this is a nice fader!!!!
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