Got on a fake out spike. Ended up bag holding, then got sick of it and took my loss.
Entry comments: Buying this speculative China former reverse split, still at lows, but has spikability. Buying on an uptrend in AH, setting a sell for GTC in extended hours; hoping for a middle of the morning run up, as this one tends to do. Bring on the Kung Pao Special!
Exit comments: Cut my loss on this speculative play. Gotta go to work, and don't want the additional exposure.
Entry date Jan 14, 2025: Bought 100 shares of ADD for $2.16. Morning fader play, bought when it hit the oracle signal, big % gainer, momentum mover, 43.9x float rotation, 454.83K float, former runner, day 1ner. Goal was .20¢ spike. Risk/reward was 1:2, .10¢ downside .20¢ upside. Exit date Jan 14, 2025: Sold 100 shares of ADD for $2.06. Did not continue spiking, hit risk, sold, reclaimed oracle signal and spiked nicely, can always reenter.
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