timothysykes

Entry comments: Speculatively buying this multi-day breakout above 3.65, gapped up strongly today & now big buyers near day highs, reading this post http://tim.ly/1iTa4Re makes me think we might see Samsung announcement next week, I also bought some longterm as I read conference call notes, earnings miss was due to inventory issues, nothing major going forward, goal is to sell short-term at resistance of $4ish, hopefully it spikes into the market close, 30-50 cents upside, 10-15 downside, SPECULATIVE

Exit comments: Didn't get the Samsung news I wanted for a bigger spike, but the weekend Seeking Alpha article pumped the stock price up a solid 15%, could run more, but tons of sellers already premarket 4.30-4.60...really wanted to sell 4.50 or more, but other sellers prevented that so I will take what the market will give me...potential rebuy but not gonna be aggressive here with this ugly longer term chart...might really run like EKSO/YOD all day or more likely fade like WATT did

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Position Updates

  • May 16, 14 2:20 PM: Bought 30000 at 3.72 - Speculatively buying this multi-day breakout above 3.65, gapped up strongly today & now big buyers near day highs, reading this post http://tim.ly/1iTa4Re makes me think we might see Samsung announcement next week, I also bought some longterm as I read conference call notes, earnings miss was due to inventory issues, nothing major going forward, goal is to sell short-term at resistance of $4ish, hopefully it spikes into the market close, 30-50 cents upside, 10-15 downside, SPECULATIVE
  • May 16, 14 3:31 PM: Sold 8500 at 3.92 - Sold some just to lock in some gains as this is performing as good as can be expected, but my position is still speculative, we'll see how it closes, might add to position or might sell more, gotta see price action, congrats so far though, this is sweet!
  • May 16, 14 3:45 PM: Added 24500 at 3.94 - Added to position as it just keeps breaking to new highs, if it can get above 4 it can fill the gap to the 4.20s, now 3.99 as I type this, gonna go big over the weekend, price action all day today especially on afternoon breakout says something big coming, maybe Samsung news, maybe Seeking Alpha article who knows but I like being long, good risk/reward
  • May 19, 14 8:51 AM: Sold 46000 at 4.28 - Didn't get the Samsung news I wanted for a bigger spike, but the weekend Seeking Alpha article pumped the stock price up a solid 15%, could run more, but tons of sellers already premarket 4.30-4.60...really wanted to sell 4.50 or more, but other sellers prevented that so I will take what the market will give me...potential rebuy but not gonna be aggressive here with this ugly longer term chart...might really run like EKSO/YOD all day or more likely fade like WATT did
DatePrice
Entry5/16/20143.8189
Exit5/19/20144.2239
  • Total Views4,125
  • Position Size54,500
  • Percentage10.61%
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Ciocana
CiocanaMay 26, 14 11:48 PM

on the 19th QUIK did not go all the way up to 4.22

bankkeen
bankkeenMay 31, 14 8:23 PM

Looks like a solid gainer

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