Interesting trade. Nice thought process.
Entry comments: SPECULATIVE NEWS PLAY: Little terrible company spiking due new report just came out https://tim.ly/2DaGU5B showing on page 11 showing they're now a competitor to TLRY/CGC and can undercut their prices, it already spiked to the 3.80s so I'm buying on the big dip, goal is to make 25-50 cents/share on the bounce
Exit comments: Couldn't break 3.50 convincingly, took small profits, already dropped tot he 3.20s before I can even type alert, potential rebuy on any big dip, sell into strength
Nice.....will watch and learn, Teach!
Thanks Tim for the report. Good to know what to look for on such speculative play.
I woulda bout this too but it seems like there should be more volume.
Yes I bought at $3.27 & sold at $3.41
little too midday for me but cool that you profited
This is actually amazing though that he saw the breakout failing early enough to get out. I looked and saw that it had a huge fade into the 2.60s. Crazy