$1,393 Profit
SKLNLong Stock
timothysykes
timothysykesSep 16, 16 12:52 PM

Entry comments: I took a VERY small position on this early intraday breakout over midday highs at .18, on top of a multi-day breakout, could retest morning highs near .20 and then it has a chance for a bigger breakout ideally early next week...if I'm wrong I'll probly lose a penny...not a huge, huge trade, but solid risk/reward given the chart and premarket news which might have legs

Exit comments: Got a little gap up, but nothing huge, took safe profits, mainly because I'm trying to give a virtual training and everything is messed up with my screen/recording, gotta love trading while teaching and things going wrong, sorry again VTF peeps for tech difficulties, at least we're recording this all on an iphone

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Position Updates

  • Sep 16, 16 12:52 PM: Bought 20000 at 0.1815 - I took a VERY small position on this early intraday breakout over midday highs at .18, on top of a multi-day breakout, could retest morning highs near .20 and then it has a chance for a bigger breakout ideally early next week...if I'm wrong I'll probly lose a penny...not a huge, huge trade, but solid risk/reward given the chart and premarket news which might have legs
  • Sep 16, 16 2:03 PM: Added 10000 at 0.19 - I added to my position on this dip, uptrending nicely all afternoon, I think it still retests the morning high and given their tease of a plan to stay NASDAQ listed "as soon as possible" this is now an upcoming news play with a multi-day breakout...I'd love to sell in the low .20s later today or Monday
  • Sep 16, 16 3:36 PM: Added 40000 at 0.19 - Added to my position here since it seems to be closing strong, just got a little ahead of itself too early in the day, goal is to sell in the low .20s ideally into a morning spike on Monday, I'm very comfortable holding these kinds of speculative plays over the weekend, this is NOT a quality company but its the first big up day with big volume and news so it has a good shot for a 2-day run Monday morning at least...we'll see
  • Sep 19, 16 9:10 AM: Added 10000 at 0.193 - I added to my position on the premarket dip, it already nearly hit .21 earlier today, I think it can spike back to that level near the market open and maybe more, but also be prepared for failed gap up as that could happen too
  • Sep 19, 16 9:31 AM: Sold 80000 at 0.205 - Got a little gap up, but nothing huge, took safe profits, mainly because I'm trying to give a virtual training and everything is messed up with my screen/recording, gotta love trading while teaching and things going wrong, sorry again VTF peeps for tech difficulties, at least we're recording this all on an iphone

Related Posts

DatePrice
Entry9/16/20160.1883
Exit9/19/20160.205
  • Total Views2,188
  • Position Size80,000
  • Percentage8.87%
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PowerPlayer
PowerPlayerSep 16, 16 12:59 PM

I bought 5000 of this at your conference on Monday. Paid .1685 I used stocks to trade to find It. Thanks Tim for a great time. And the ability to meet and hear your millionaire friends. I did the risk/reward and where I would get out, before I bought. I'm still in the stock.

GMT84
GMT84Sep 16, 16 1:00 PM

How much commission for 20000 ?

timothysykes
timothysykesSep 16, 16 1:04 PM

@PowerPlayer nice just remember to take profits into strength, don't trust any of these stocks for too long!

PowerPlayer
PowerPlayerSep 16, 16 1:18 PM

Ok thank you Tim. I read the news on it this morning. I definitely want to be out before the reverse split.

godala
godalaSep 16, 16 3:41 PM

Thinking the same.

Adam06
Adam06Sep 16, 16 3:51 PM

Bought 1000 shares at 0.19. I like the hold over the weekend plays, since I still can't go day trading yet. I missed playing with big position because I had a stupid play with $NETE this morning. No gain.. No losses.. Only Big lesson. I have to wait 3 days to get the money back ( Robinhood ). If not that mistake I could buy more on SKLN now.

cursed
cursedSep 16, 16 5:24 PM

@Adam06 that's because robin hood is rubbish!

JR82
JR82Sep 16, 16 5:35 PM

Don't sleep in on Monday Tim lol

Jonzin871
Jonzin871Sep 16, 16 5:54 PM

Hey Tim I've been studying for a while and came to a point where it's hard finding a company to trade stocks having an account of 500 bucks with etrade, it's like I have to find a stock that's going to have a breakout that's like a dollar or more than a couple of cents a share...I do study hard. I wish I could get to that level of being able to by 40000 shares.

msonnier
msonnierSep 19, 16 9:16 AM

Thanks Tim! I bought 8500 shares last week with an avg cost of .15.

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