Entry comments: Taking a position on this reverse split, bio tech, low float, HIGH probability for a 30-70% bounce at bottoms. buying off a small bounce from $5 key level.
Exit comments: Small loss here - and I'm just fine with it. They released earnings on Friday. Not a whole lot of movement, which I'm thankful for. But don't want to chance this getting shorted to zero. It might go $10, but I'll have to be ok with that..would rather be safe.
All these and upcoming trades were just stupid and not really with a plan, but just chasing, gambling, blind hope, bagholding and emotions. All the mistakes. But I al learning a lot.
Given the FDA fasttrack news I expected it to spike after the opening algos. It dropped right out of the gate and I bought looking for a bargain, but it didn't ever come back up. I had to cut when it dropped under local support. Don't try to predict a rise until you get confirmation of the action.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
