Entry comments: A prior runner. Long bottom here. Will see if get bounce here. When it spikes it spikes fast. A bottom so bottom fishing. Not smart tactic but though when hit $4.42 might get bounce to yesterday's high of $.48 range. Will put sell in for $.445 overnight.
ENTRY: SRD, -50% ong, Ik short op 2.20, open 2.23. EXIT: covered op 2.24 voor mini loss. LES: sund.
Wanted to get in at $0.3 however forgot about LMT orders so missed it. Volume was coming in and all was looking good then price just tumbled down and blew past my stop.
Creeping up the scanner. Breaking out so taking a shot to $.30. That was fast. Out It hit $.345 area and pulled back decided to take profit. Might go higher has a history of huge one day spikes but then major pullback so don't want to get caught holding. About hour after I sold it dropped all the way back to $.26 area. Glad out. It repeated pattern
Got in this trade real quick for practice. Got in and then got out to see if my thesis on the stock would go up - but I wasn't willing to lose anything because I already had a few big losses on the day (well only 1, but it was a big loss). Practice doesn't always make perfect. Perfect practice makes perfect - Processes over Profits.
Entry comments: An additional position in a separate account on this reverse split cyber play; goal is 30-70% from bottom.
Exit comments: Just sad.
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