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This OTC play was getting so hot that it just went in full parabolic mode up to $40. I took the short at the first sign of weakness at the top and had a bit of trouble covering into the panic because I wasn't getting filled with crazy wide spreads. But overall great trade. I could've profited more if I shorted the crack after the initial panic but I wasn't too confident with that idea.

I re-bought this pump after realizing my mistake and wanted to hold it for longer. I sold some each day on the way up and got down to half size before it started collapsing. It was pretty illiquid however and I could hardly get any fills. I tried to dip buy it and even though it technically bounced, there wasn't much trade volume and the spread was so wide that it wasn't possible to profit from it. The bounce eventually failed and I had to take a loss with my remaining shares.

I hesitated and missed the execution on first bounce of this pump. But it offered a second panic late day and I bought into that to hold overnight. I sold some into the gap up next morning and tried to hold the rest for the 2nd leg of the pump. But a mid day panic caught me and I took the rest off into the bottom. I wish I had more patience but I just didn't have faith in this given that it was a pump after the first crash.

I was trying out a new pattern, hence the small size. I was looking to short a pre-market spiker that went above 50% and down trended mostly. I didn't have a good entry because it did not have any pops for me to short into. It was weak for the most part and I covered into the washouts after the open. I covered the last bit when Sykes went long midday because I didn't want to deal with the sudden buying pressure.
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