$DRYS - Why I didn't buy it!?

#1 reason Terrible terrible earnings.

 

Why would you buy a bad earnings "specially o/n"? Thats risky. We need odds on our side. 

Not worth disaster always another play. So much opportunity.. 

 

The spike a/h was on hype think about it most people fail cause they don't do research they just buy so it being talked heavily about makes people just buy buy buy.. Don't be that guy. When all that buying stops which it will drop very quickly at that point support doesnt really mean anything its a cliff dive. Your risk isn't gonna help you stop loses get blown right by then what?

Even though its a former runner people keep saying will it spikes like it did in the past? odds are 1 in a million.

That hype spike why buy possibly at the top for a huge drop extremely quick for possible disaster?

Im still learning small positions but I finally see the big picture & thats extremely important. 

(NO PLAY) 

 

$EYES

 

No news, No legs

Best chance is o/n news or momentum.

It could spike on momentum but its overextended so NO PLAY.

Also its over extended near the round number of $3.00 say it broke $3 before the close strong buy it that has legs but it didn't so my opinion NO PLAY.

Id be long o/n if it broke $3 strong.

 

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Overall you don't gotta plat every play you should watch more when starting just to see these patterns develope.

See the big picture.

 

Comment below if you have anything to add to this lets all learn from each other.