Pump and Dump : it was not breaking down and continiuosly breaking out
#4 short on this over extended OTC ticker. Checked on the overnight borrow fees while away on holiday, and discovered that TZ had jacked up the cost from about $3 per night for 300 shares to over $80 per night (an increase of 2500% in one day). By the time I discovered this, I had paid around $900 in borrow fees, was forced to exit for a bigger loss than expected. Didn’t downsize as it kept going higher on the 2nd, as I had gone to bed early for work the next day.
Sloppy trading. Overtrading. Forcing too much. Trying too much
Dip bought this big spiker. Thought it might run like DLOC but it ran out of juice. Should have stayed away from mid day action. No bigge, small position and cut losses quickl.
another annoying pump that didnt go down
this was a bad week to short junk pumps.......
Learned a VALUABLE lesson about being 100 percent ready and on the money at 9:30am. Luckily still came out ahead.
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