Entry comments: Buying this AH, ultra-low float, former spiker and reverse split, on news of financing. Illiquid, but an opportunity for longs to step in. Smaller speculative position for a potential early premarket squeeze. Goal is $5.50+
Exit comments: Whelp...no overnight squeeze. Cut my losses on this one during market hours at the bounce.
Bought this former reverse split, ultra low float, and squeeze prone ticker on news of financing late in afterhours. Missed an entry at $3.15 by seconds and it ran 80%. Bought on a pullback to the $4.00 area anticipating a retest of $5.40 (for a double top, or potential breakout). Volume dried up though and cut for a tiny gain. Very illiquid play, and it could run, but not wanting to risk it in a poor market environment.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
