timothysykes

Entry comments: This is my weekend play as it spiked big this morning in sympathy with Trump's new media SPAC DWAC that rages against social media censorship, this little company does that too, see recent PRs https://tim.ly/3b05tSv and https://tim.ly/30IbYr2 so I think it'll. be hyped up all weekend long as a Lowe priced sympathy play. I considered GBHL but its already up 200% so this is less risky, support in the .05s, I'd love to sell in the .07s or .08s or maybe even .09s or .10s if it really catches on

Exit comments: Disappointing gap up today as DWAC and all the other Trump plays are spiking big, even GBHL is up 50%+ which I also considered Friday, but that one faded badly into the close Friday so good reminder that sympathy plays are a bit tougher than plays have specifically have a press release/catalyst. Glad I sold a big chunk into the close Friday, I'll have a complete video lesson on this trade shortly too

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Newsletters:Weekend Trader

Position Updates

  • Oct 22, 21 1:03 PM: Bought 295000 at 0.062 - This is my weekend play as it spiked big this morning in sympathy with Trump's new media SPAC DWAC that rages against social media censorship, this little company does that too, see recent PRs https://tim.ly/3b05tSv and https://tim.ly/30IbYr2 so I think it'll. be hyped up all weekend long as a Lowe priced sympathy play. I considered GBHL but its already up 200% so this is less risky, support in the .05s, I'd love to sell in the .07s or .08s or maybe even .09s or .10s if it really catches on
  • Oct 22, 21 3:14 PM: Added 98572 at 0.0697 - This play is holding its gains well, better than other DWAC sympathy plays and I think its because it's a direct competitor now to DWAC, I'll review over the weekend, but I'm adding to my position here as I still think this can go to the .07s, .08s or .09s next week, it already hit .12 this morning so its proven it can run...just remember to take profits into strength as these stocks are moving VERY fast right now
  • Oct 22, 21 3:52 PM: Sold 185000 at 0.074 - I lightened up on my over-the-weekend position just to be safe since the other DWAC sympathy plays are now fading harder its been struggling all afternoon in the mid 7s so it's good to lock in some profits. I'll have a full recap of my take here on Sunday, I might be playing too safely, but I gotta think safety first here just in case
  • Oct 25, 21 9:31 AM: Sold 208572 at 0.07 - Disappointing gap up today as DWAC and all the other Trump plays are spiking big, even GBHL is up 50%+ which I also considered Friday, but that one faded badly into the close Friday so good reminder that sympathy plays are a bit tougher than plays have specifically have a press release/catalyst. Glad I sold a big chunk into the close Friday, I'll have a complete video lesson on this trade shortly too
DatePrice
Entry10/22/20210.0639
Exit10/25/20210.0719
  • Total Views648
  • Position Size393,572
  • Percentage12.52%
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brhodie
brhodieOct 22, 21 1:25 PM

Thank you Tim, how do you feel about waiting for an entry at .068? I am waiting to see when to get in

brhodie
brhodieOct 22, 21 2:00 PM

I am going to wait to see what DWAC does at 2 PM. It has been consolidating for a couple hours

brhodie
brhodieOct 22, 21 2:24 PM

Yep, DWAC dropping and pulling CBMJ into .06s. Will wait for DWAC turnaround

rabsai8
rabsai8Oct 22, 21 3:33 PM

CBMJ 1k @ o.o729 going to look back at DWAC as well. Great Weekend!

rabsai8
rabsai8Oct 22, 21 6:01 PM

All seem to be consolidating/fading but I made one dollar on CBMJ I took puny positions on several sympathy plays. Going to be interesting I must admit. Eternal Gratitude.

Russell704
Russell704Oct 23, 21 3:14 AM

In the second alert on this play you said "Added 98.6k to CBMJ long at $0.0697. New average $0.06, 394k long total". I must have missed something,... How is the average 0.06?

Drob
DrobOct 24, 21 9:47 AM

@Russell704. In Tim’s chat alerts new average shows to 4th decimal

brhodie
brhodieOct 25, 21 9:34 AM

Stayed away from this one, didn't like the DWAC action on Friday afternoon. Thanks for lesson Tim!

mwg63
mwg63Oct 25, 21 10:36 AM

Knowledge Account Increased. I’m bleeding to death here (Red)!!!!!

Russell704
Russell704Oct 25, 21 2:26 PM

@Drob the chat alert I received is as quoted 0.06, all purchases were higher than the average? Hence the question.

Drob
DrobOct 25, 21 8:22 PM

@Russell704 Click on chat on top left of Profitly Then top left click on Chat room. You can see the complete alert

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