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Short squeeze momentum. Should have sold into the theta spike but missed it.
Failed value/short squeeze momentum. Will look for reentry.
Great trade on my part. Took a bit too long to take profits, but I was watching theta like a hawk on this trade and I think the most important lesson from this trade is that now I have a really solid idea of when and how to sell into theta for the future.
Wasn't thrilled with my entry so I backed out of the trade.
I wasn't thrilled with my entry so I cut it off when it started to slide and RSI dropped to 68 intraday. Rules. I re-bought when RSI reclaimed 70 at the end of the day. 70% of shares sold short and the lawsuit was recently dismissed, so I think we're in for an epic short squeeze.
Good earnings coupled with 30% of shares sold short equals a short squeeze.
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