Was hoping for a better trade for my first one on profitly being fully transparent, especially being my first weekend trade, and with solid reasoning, but it had no more moment left this morning and had to cut losses, regardless it was invaluable experience, was suppose to cut losses at 10% but the trailing stop took too long to execute, using it was another first.
TIm's weekend pick 9ecommerce AI play uptrending all day after an investor put in an extra $1.5M earlier in the week. Counting on an SEC filing Monday to identify the investor to perhaps help this spike. It also spiked up to $18 with NVidia news previously) This had only 500k volume and he normally doesn't recommend stocks with under 1M volume. This one didn't work out. I think I will avoid weekend holds that are under 1M volume from now on. Out with less than 4% loss so that's good at least.
Sykes weekend play that never got going. Took a small loss.
Entry comments: I'm buying this ecommerce/AI play that's been uptrending all day after an investor put in an extra $1.5 million earlier this week https://tim.ly/42gJphw and I think next week they'll have an SEC filing saying who the investor is...could be big name as they've had several big PRs with Gary Vaynerchuk & getting into Nvidia connect program so its a buy the rumor-type setup and the stock actually gapped to 18 last week on the Nvidia news so it can spike big. Goal is to make 10-20% today/next ...
Exit comments: I'm out for small gains, no news about the big insider buyer last week, maybe it spikes more but I'm not sure so I'll play safe and lock it in...need more activity
Entry comments: Weekend trader alert, hoping for a monday morning gap up after an investor put 1.5 million in earlier this week and expected SEC filing next week releasing the name of the investor.
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