I re-shorted this pump a couple weeks after the original time I shorted it for a profit. I received a new newsletter pumping it, saw shares available and was confident for another nice drop. Took too long as the promoters didn't do a good job. I ended up adding intra day and practicing position sizing up without wasting a day trade. I then covered a week later completely and got out for a small gain. getting way more comfortable with shorting these weaklings though!
was a $10k pump. Pumped previously & was down to .85 by the time I got it. It had enough room to drop to .76 which was about a 10% drop. It ended up happening and I got out at an average of .74. It will probably go down more. I love shorting pumps.
Got out rather quickly was not moving like I would have liked.
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