timothysykes

Entry comments: SMALL I bought this hot junky stock today as, despite my earlier concerns, its held its early gains pretty well, tons of support at .28-.29 so I wanted to by closer to that level, but it just keeps uptrending and the market's almost closed today so I need to take a position for possible morning spike tomorrow, my goal is to sell it in the low .40s which were today's highs, probably a double top tomorrow at best

Exit comments: Sold my remaining shares for huge profit, maybe it goes more or maybe it double tops at yesterday's high of .44, either way this is just a speculative January Effect play that worked well as a dip buy so I'm taking my solid 25%+ gains here

5
440

Position Updates

  • Dec 21, 16 2:33 PM: Bought 25000 at 0.33 - SMALL I bought this hot junky stock today as, despite my earlier concerns, its held its early gains pretty well, tons of support at .28-.29 so I wanted to by closer to that level, but it just keeps uptrending and the market's almost closed today so I need to take a position for possible morning spike tomorrow, my goal is to sell it in the low .40s which were today's highs, probably a double top tomorrow at best
  • Dec 21, 16 6:32 PM: Sold 12000 at 0.395 - Lightening up on my position into this SOLID after-hours move of 20%+, aiming for singles, not home runs, keeping the rest overnight as it likely tests today's highs of .44...not sure if it can breakout or double-top but I like this uptrend, congrats to all dip buyers, as I said in today's Challenge webinar, The January Effect is here, will make a video lesson on it tomorrow!
  • Dec 22, 16 8:30 AM: Sold 13000 at 0.41 - Sold my remaining shares for huge profit, maybe it goes more or maybe it double tops at yesterday's high of .44, either way this is just a speculative January Effect play that worked well as a dip buy so I'm taking my solid 25%+ gains here
DatePrice
Entry12/21/20160.33
Exit12/22/20160.4028
  • Total Views2,294
  • Position Size25,000
  • Percentage22.06%
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canito
canitoDec 21, 16 4:25 PM

High ticket going to sell it now it just hit $0.40

redwanali234
redwanali234Dec 22, 16 4:55 AM

How do u sell it after hours. I got ameritrade and I think it dnt give u an option

DanJ
DanJDec 22, 16 8:39 AM

@redwanali234 Hi. Usually every broker offers a/h trading. Check if there is a special handling tab in the order window before you send it. In my Optionshouse it is EXT which is day plus extended hours as opposed to DAY order. If you're not sure just call them. GL

Zaleucus
ZaleucusDec 22, 16 11:46 AM

Nice play sir, learning these moves really helps - I got some RGSE and was dilligent enough to make profit. Cheers

michalsobczyk
michalsobczykDec 22, 16 1:25 PM

I thought you never buy 'bad sushi' stocks. This one dropped 80% in December.

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