Wednesday, May 24, 2017
5/24_GLYC, INO, GLBS
fear take control of me and afraid to short into each weak and stuffy push premarket. Glad I put up some due to VWAP rejection and nailed the washout. $10up stock and mid cap so don't want to get involved heavily.
good entry and exit. Ideally $2 push tomorrow and size up. Been diluting for weeks!
hardest play in a while. I shorted $13.75 yesterday before the close and stopped out when $14 breakout and went above $15. In the morning offering news came out and strangely it washed then spiked up and even past yesterday a/h high. This is the type of stock you should short into strength ideally breakout and cover into weakness. I didn't use size today because its price action is hard to read and lots of confusion on it.
holding trend all day since offering at $11.50 came out in the morning which is extremely odd to me. Glad I avoided it the entire day. I didn't know offer news out in the morning so I shorted 3k shares at $14 before the close and only to find out filing out at 4:03pm on edgar SEC. But I was wrong, it came out in the morning already sighing... Got embarrassed calling out offer in the chatroom. That's who you are as a trader and person I guess. You gonna be wrong, you gonna be fool in others' eyes but so what!!!!!! You don't have to be the best!!! You just need to be better than the self of yesterday!!
GLYC going forward very like I won't trade it unless truelly erratic action.
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