timothysykes

Entry comments: I re-bought this energy drink maker/earnings winner from last month that I had a position in earlier this year on a nice multi-day dip off its recent highs at $7. I underestimated it last time I had it, selling too soon in the mid $3s, now I'm back in given their solid growth and Asian expansion plans/billionaire investors. I'll do a full video lesson on this stock later this week, my goal is to make 15-30% on the bounce back to its highs ideally

Exit comments: I'm out for a $1,000+ profit here after waiting for the downtrend to cease, there's a nice 50,000 share bidder at 5.50 today, but I'm not sure if he's real or not so I'm taking profits just in case as he could disappear at anytime and then this thing goes right back to the 5.30s...potential re-buy, but I have to see how it fares up here after several days of poor price action

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Position Updates

  • Sep 26, 17 3:17 PM: Bought 3000 at 5.58 - I re-bought this energy drink maker/earnings winner from last month that I had a position in earlier this year on a nice multi-day dip off its recent highs at $7. I underestimated it last time I had it, selling too soon in the mid $3s, now I'm back in given their solid growth and Asian expansion plans/billionaire investors. I'll do a full video lesson on this stock later this week, my goal is to make 15-30% on the bounce back to its highs ideally
  • Oct 03, 17 3:16 PM: Added 3000 at 5.36 - I dip bought this energy drink maker on low volume selloff, still haven't had time to even do a video lesson on it yet, wayyyyy too many plays these days, hot market, goal is still to sell into news-related spike, will make video lesson detailing my thoughts later this week
  • Oct 12, 17 1:22 PM: Sold 6000 at 5.70 - I'm out for a $1,000+ profit here after waiting for the downtrend to cease, there's a nice 50,000 share bidder at 5.50 today, but I'm not sure if he's real or not so I'm taking profits just in case as he could disappear at anytime and then this thing goes right back to the 5.30s...potential re-buy, but I have to see how it fares up here after several days of poor price action
DatePrice
Entry9/26/20175.47
Exit10/12/20175.70
  • Total Views572
  • Position Size6,000
  • Percentage4.2%
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bartvan
bartvanSep 26, 17 4:25 PM

if i put my buyorder @5.55, does you consider this as a "chase" trade??

larkjr
larkjrOct 12, 17 2:03 PM

Thanks for the post Tim

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