This Pump Short is a very slow mover. I could have held, but little weakness and the appearance of strength scared me out. I needed to get back to cash, but this likely hits my target of .90 today or tomorrow.

OTC Spiker coming up into moving average resistance. Shorted for a swing over the weekend.

ENTRY: O/N OTC Breakout: took position on the 52week breakout since this look like pump and dump and I used the 2 step framework, had news couple days ago just hyping them self. Goal to hold this for a few days since I believe volume will come and make spike further. EXIT: What a week stock, not moving at all after couple days holding even with new release catalyst could not hold the highs, so something make me cut the loss and that was good because that day had an afternoon panics.

I should have cut loss but instead held on it

1st G day, 52 week high W V compared to other days & M/M resistance $2.60 breached. Saw it on the scanner and was a former spikier. V started to come in later in the day. I would have had a much better entry if I waited for the dip and got in around 3:50pm @ $2.50 when it was taking out the ask. Nice rip into the close to $2.70 HOD. Failed continuation, so exited but tried to be a little patience as it is an OTC

Bought in with no warning. No control over my exit on this trade. Thanks IB.

I recognized that it didn't go down but instead I waited a little longer. I should have covered at around 1.9.

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