good trades overall. Located 10k shares and used half to short near VWAP and kept the other half for HOD push and stuff or further heavy weakness. Gladly former happens but I took profit too early. Should have given it more time but according to my thesis yes DRWI is a POS but all the previous offering price is at $3ish so there is no dillution today. downtick is caused by daytraders selling/shorting. There is good chance it will hold up and get crowded and pick a direction later and that's exactly what it did....
I don't predict this a/h action but I wouldn't short it and hold when it base. Low float, former offering at much higher price level and massive volume today. Good chance to trap but you never know it may just like all recent turd could just fade and snap..
main gainer today. big money was made on long side after saw conformative relative volume and it trends nicely. Did put up some short but unfortunately didn't workout.
But what I feel most proud is 2 covers I made. One is at $1.40ish at 3pm and the other was at 3:59pm before the bell when it failed to crack. Had I not stopped out I would get fucked badly. From daily chart this thing fade on Day2 but I do think because it did that 3 times before which makes people short and hold overnight. I am sure shorts will wake up and astonished! Long 5k shares after hour when I saw volume picking up but man it didn't travel as much as I thought it would be so sold. don't wanna overnight risk-no dice trade!!
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