Was ready early to be prepared for possible plays - either to buy or learn (build that knowledge account). Saw Tim's alert pre-market and took a look, did a SSS chart on it, too. Graded high, but then as he sold before open I understood why.
It was getting toppy and not convincingly breaking out, volume was dipping, too.
Makes sense why Tim says, "this isn't an exact science." But we need to consider all indicators. On the surface it looked like a buy, but not really. Sure enough it's tanking and making new lows. Lots of big sell orders since I've been watching it.
Glad I listened to Tim. Just gonna keep it simple and listen to the guy who's been doing this and banking for a long time.
Posted Jul 17, 17 10:59 AMbyFabianBaez
Categories
Basics
Tickers
TEUM
Received 2 Karmas
Was in on that trade, thought it bottomed around $1.45 so bought in and about 30min later started tanking even more. Got out at $1.35. Wish I had enough to be able to short stocks but I don't have enough money on ETrade to upgrade to a margin account.
they released an 8-k for convertible warrants right before market open. scumbags
they reduced warrant price down to a dollar, this was setting up for a good long to
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