-$135 Loss
CEOSLong Stock
timothysykes

Entry comments: The CEO of this recent runner just tweeted this https://tim.ly/3Z0GMw0 teasing a PR next week as they previously announced this https://tim.ly/3EfGWYH in late January and the stock was spiking nicely so let's see how far this can...as it turns out its now a multiday breakout too, goal is to sell in the .09s or .10s as it should keep going in anticipation of the new PR likely coming next week

Exit comments: It's just not bouncing like I wanted and while there's likely a press release coming soon, I don't like this price action/inability to bounce along with the ugly overall markets so I'll just cut losses here to be safe. Small losses are NOT fun, but they're a part of the game and far better than big losses!

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Position Updates

  • Feb 17, 23 10:47 AM: Bought 45000 at 0.083 - The CEO of this recent runner just tweeted this https://tim.ly/3Z0GMw0 teasing a PR next week as they previously announced this https://tim.ly/3EfGWYH in late January and the stock was spiking nicely so let's see how far this can...as it turns out its now a multiday breakout too, goal is to sell in the .09s or .10s as it should keep going in anticipation of the new PR likely coming next week
  • Feb 21, 23 9:33 AM: Added 45000 at 0.076 - Too fast of a drop to cut losses but its also on low volume and likely due to the overall market which is nasty, still a PR likely coming this week so I'll risk it and average down, I still think this can bounce/run
  • Feb 21, 23 10:04 AM: Sold 90000 at 0.078 - It's just not bouncing like I wanted and while there's likely a press release coming soon, I don't like this price action/inability to bounce along with the ugly overall markets so I'll just cut losses here to be safe. Small losses are NOT fun, but they're a part of the game and far better than big losses!
DatePrice
Entry2/17/20230.0795
Exit2/21/20230.078
  • Total Views395
  • Position Size90,000
  • Percentage-1.89%
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Lobo23Benzo
Lobo23BenzoFeb 21, 23 9:57 PM

Thanks Tim , cut losses quickly !

sllilac4644
sllilac4644Feb 21, 23 10:26 PM

Darn! I was sorry I hadn’t caught it to sell for a smaller loss this morning but saw your previous post about your expectations and decided to hold a bit longer. Hope it isn’t another hlbz, my first trade and a big loss!

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