Massively Underperformed!!!!!
Coulda have done a lot better!!!!!!!!!!! My research got me nervous and overthink of the situation: turd and burning cash company and especially it made 60million revenue expected next year right after R/S that's very fishy!!! so all the indicators point to short but I was thinking the pumper could have supported it and possibly announced offering afterhours. I used 3k shares to scalp and ended up profitable but that kind of operation makes me miss the big picture short idea!!!!! Supposedly I should have shorted with size risking $5 lvl given the price action that $4.7s, $4.8s offers got filled massive!!! That tells me either people selling/shorting big at that lvl!!!! Why the hell I didn't POS?
2 things I did wrong:
1) I let fear influence my decision making
2)I traded on anticipation rather than reaction, initially was thinking it would hold up then thinking $4 may get defended, with low float plus SSR got my mind fucked!!!
As short seller you must keep trying!!! When the setup is self-explanatory it's already too late to profit from!!!!!!!!!
Nasty pump and dump plus dilution....speechless...2nd one after OPGN!! again you don't know whether it will be diluted or not. All you can do is picking an entry point and and take the ride. If you are wrong b/c your entry is so good there won't be much damage to your account but if you are right the reward is big!
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