Saw offering news right before AM trading stopped. The offering was 10m shares @ 4.75 so goal was to sell at 4.79 because this was still speculative. Price action worried me some early in PM trading as it went all the way up to 5.26 but I was confident in my thesis that it had to drop because of the offering and it paid off.
Speculative trade on offering news AM even after the price dropped over $1/share. Held overnight to see if it would continue to fall the next day. It took off right in the open so I went ahead and covered but after I covered into the pop, it continued to fall another .50+. Feel okay with the trade overall though because I had the right idea and only took a small position because of the speculative nature of the trade.
this one has been under VWAP since 1030 this morning, it perked through, I grabbed some short, but then decided to change my mind. I thought I was shorting into the early shorts' little squeeze, but I also think it can squeeze some more, now it's hanging above VWAP for the past half hour
hair loss news wasn't enough to make this stock soar the way it did.
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