Bought morning spike on otc big gap play with nasdaq up listing news. Stock had 2 options, once is to have a monster spike and die or just stuff and unwind. Unfortunately it just stuffed and smoked me immediately!
It went from the 7s to 8,5s the day prior. After it hold the highs i was expecting it can go the 9s. Bought @8,6s. But it went sideways the whole day. Next day gap up but crashed.
OTC play i found yesterday eve. Had a nice gap up and moving move on very low volume though. I bought in on the consolidation thinking it could swizzle and it still might but i watched it to intesnly and git my self out. also they had a filing of an offering so i knew it was dangerous but htoguth the company would want to run this thing up more before they liquidate their shares.
All trades up to 30/11
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