jeffalleyJun 19, 20 8:02 PM
Thanks Tim!
$579 Profit
BBGILong Stock
Entry comments: Dip buying this runner from earlier, it seems to be using 3.80 as support and is now over $1/share off its highs, I'm looking for 25-50 cent/share bounce as this is still an undervalued UONE/BYFC sympathy play and those just kept running even though they were choppy
Exit comments: I'm out with small gains as while this might be bottoming, the overall market is falling off a cliff on negative coronavirus news and this is midday so its speculative, I'll just play extra safe and not risk my $12k in earlier profits, potential rebuy on any big dip or strength into the market close
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Position Updates
- Jun 19, 20 11:58 AM: Bought 7000 at 3.85 - Dip buying this runner from earlier, it seems to be using 3.80 as support and is now over $1/share off its highs, I'm looking for 25-50 cent/share bounce as this is still an undervalued UONE/BYFC sympathy play and those just kept running even though they were choppy
- Jun 19, 20 12:06 PM: Added 9000 at 3.75 - Adding to my position here, still feels like its bottoming, not an exact process, goal is to sell in the low 4s
- Jun 19, 20 12:16 PM: Sold 16000 at 3.83 - I'm out with small gains as while this might be bottoming, the overall market is falling off a cliff on negative coronavirus news and this is midday so its speculative, I'll just play extra safe and not risk my $12k in earlier profits, potential rebuy on any big dip or strength into the market close
| Date | Price | |
|---|---|---|
| Entry | 6/19/2020 | 3.7938 |
| Exit | 6/19/2020 | 3.83 |
- Total Views1,275
- Position Size16,000
- Percentage0.95%
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RChenJun 20, 20 1:49 AM
Thanks. Tim
WindwalzerJun 20, 20 10:46 PM
Thank you for the adds on you trade, good to understand better. Thank you.
