Know it's a POS but the setup isn't good. When it was traded around premarket low I think all weak longs should be out. so I definitely not looking to short it. So I put myself on the sideline and watch it. Madaz took loss on it longing at $11.80 looks like absorption occurring there but no for me. The market has been weak for 2 days and it could get weaker today. then Ageis came out $25 pt and it grinded back up. News is shit so no trade for me. Potentially dilution and offering later or tmr.
it went r/g and holds higher above previous close so I longed it. Should have got out due to lack of follow thru volume. Long not a good strategy in this market.
nailed both and actually thinking to reshort. But NADL no volume for me to enter the position and PHMD puts higher low and high so fuck it. no trade move on..
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