Took a second position in another account thinking this ticker would bounce after holding once earnings were posted. BUT...at the open it dumped, I cut losses, but of course, it only dumped a little bit and shook everyone out, bouncing 25%+ on the day. Damn...just damn.
Entry comments: Taking a position at a double bottom on this low-ish float reverse split, bio tech / cancer. On the backside of the upper downtrend line. Multi-day and Multi-month double bottom. High Risk for dilution, but this risk profile can squeeze really well with a good PR...still in the immediate window for pumping.
Exit comments: PURE MINDFUCK. I broke alot of rules and common sense on this. After failing to break $7 for the 3d time I should have cut for a gain. Instead, I stuck to my $6 risk. Which held until the earnings release. Even then. I liked the hold after the release and added to my position in another account. Then the dump at the open...Had to cut. But the rip from 25 cents less than my cut to 6.55...that's pure fuck you. AND AFTER earnings to release a PR????
Entry comments: XGPT Recommendation
Exit comments: XGPT Recommendation
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.
