I don't know wtf was up with this bounce the day prior to delisting but I'll take it. I planned to sell after I read the delisting news when I read it the night before and thought I'd be taking the L but I guess the markets had better plans for me.
Playing with a few cents in settled funds. These small trades seem to help calm my nerves and restore some confidence after a loss
No bounce . Cut losses quickly
SUPER SALE STRATEGY per my 2/27/21 Profitly blogpost. This usually doesn't work with Nasdaq but giving it a try. Dip bought 4/25 12:57 $0.0373 55% off 4/19 $0.0843 HOD after the third red day. Went sideways. Price finally hit 4/29 12:23/12:28 $0.042 & I was about to get out when de-listing PR hit at 12:30 crushing the price. I finally got out in disgust 13:04 $0.0346. NASDAQ doesn't follow chart trends only the whims of who knows what.
Really frustrating on this one. I bought it in the consolidation didn't trust it. When it went to break .04 I tried to get size but I couldn't get it. I had to keep adding higher. I only got to a 15k position when it had a small move. I wish I would have held from the lower position. Similiar setup to SINT last week.
SUPER SALE STRATEGY per my 2/27/21 Profitly blogpost. Dip bought 9:44 $0.04 52% off 4/19 $0.0843 HOD. Price went sideways $0.038-$0.0424 for 3 hours. When it finally popped above $0.0435 VWAP at 12:47, it hit 12:50 $0.0449. I thought it would pull back to VWAP & then continue but it couldn't get back above VWAP. When I saw the hidden seller at $0.0424, I got out 13:17 $0.0424. Price is $0.0423 at 13:28.
I got in this trade because it was Nasdaq #1 Biggest % Gainer with Volume in pre-market. Dip bought 3/25 8:48 $0.069 2.5k 17% off 8:41 $0.083 HOD. Price slammed through my $0.065 cut point so my strategy is to look for an add which I did where it was basing 3/27 8:57 $0.0358 2.5k. I set my Limit Sell for $0.0724 & moved on. Fidelity got me out on the powerful upward move 4/19 8:44 $0.0724... price hit 8:44 $0.08!
Worst trade ever. How would say worst trade making 2.48? Because I shook myself out for no reason. This ran to .08 from here. I would have had a minimum of 200 dollar gain with a little patience. With more patience over 400.
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