Does this mean that you are betting against it?? Just got a little confused there...!
Entry comments: Bought this strong earnings winner, thats been uptrending all day 12 million shares short, methinks multi-day short squeeze, all I want is 50-75 cents/share next week, 15-25 cents/share of downside risk, I like my odds, c'mon analyst upgrade!
Exit comments: No morning spike/gap up, might happen later, but I went in with specific thesis, didn't play out so I play this safe and cut losses quickly...GREAT trade...I never mind small losses as long as I stick to the rules, I know that's difficult for newbies to understand, but when the upside is 50-75 cents/share and downside is 10-20 cents/share, if the downside happens, all u can do is cut losses quickly...that makes it a good trade...letting losses potentially run would make it bad, understand?
I am besides myself with joy because I found WPRT this morn and ident it as buy if it broke intra day 15.75 because it tested it 3x and couldn't break through. Even though I didn't buy cuz im still paper trading.. I AM SO PROUD OF MYSELF!
Nice! Looks good for a short. Let's see how high she goes......
Understood. You have to take Ego out of the equation.
WPRT volume increased from 1.52 to 1.74 M , I guess it's spiking now?? And it's climbing back up now...