timothysykes

Entry comments: This company just announced they'll be unveiling their new business next Thursday https://tim.ly/3DGxQ4u and today its breaking out of a multi month top in the low .02s...the announcement isn't until next Thursday so like WSGF, it's not ideal Friday-Monday, but I think this can run into next Thursday's announcement given the hype/chart/market and there's especially good risk/reward with more upside than downside risk. I'd cut losses if it can't hold .023, but I think this can go to the .03s

Exit comments: I'm out for small gains now ahead of the big news event tomorrow...maybe I'm playing it too safely, but as I said from the start the timing on their big news event isn't ideal as I prefer Friday-Monday trades...mid-week plays don't usually work as well, so frankly I'm just glad to be out as this has been very choppy all week long

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Newsletters:Weekend Trader

Position Updates

  • Oct 14, 2:40 PM: Bought 945000 at 0.026 - This company just announced they'll be unveiling their new business next Thursday https://tim.ly/3DGxQ4u and today its breaking out of a multi month top in the low .02s...the announcement isn't until next Thursday so like WSGF, it's not ideal Friday-Monday, but I think this can run into next Thursday's announcement given the hype/chart/market and there's especially good risk/reward with more upside than downside risk. I'd cut losses if it can't hold .023, but I think this can go to the .03s
  • Oct 15, 2:35 PM: Added 355000 at 0.0258 - I added to my position on a small dip off from my original entry because its held the key breakout level of .024ish well all day and teased going red to green an hour ago ar .027...I still think this can hit the .03s next week leading up to their new business unveiling on Thursday as promoters should hype this all weekend long. I'll have a video lesson on Sunday with more thoughts too, cut losses if it can't hold .024 just in case
  • Oct 18, 9:31 AM: Sold 865000 at 0.029 - I sold a good chunk into this solid gap up, just sizing down and playing it safe ahead of the wait until Thursday's PR event, nice winner here over the weekend
  • Oct 19, 10:26 AM: Added 645000 at 0.025 - I added to my position here on a dip off the highs and new news teasing Thursday's event https://tim.ly/3aQQIRJ and while I highly doubt I'll hold until Thursday, this should be enough to bounce it back to the high .02s which were the previous highs....so basically, buying at the bottom of the range with the goal of selling at the top, we'll see how it acts, but I like this new press release
  • Oct 20, 9:43 AM: Sold 1080000 at 0.0263 - I'm out for small gains now ahead of the big news event tomorrow...maybe I'm playing it too safely, but as I said from the start the timing on their big news event isn't ideal as I prefer Friday-Monday trades...mid-week plays don't usually work as well, so frankly I'm just glad to be out as this has been very choppy all week long
DatePrice
Entry10/14/20210.0256
Exit10/20/20210.0275
  • Total Views515
  • Position Size1,945,000
  • Percentage7.42%
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mwg63
1
mwg63Oct 14, 3:41 PM

Knowledge Account Increased

brhodie
brhodieOct 14, 5:40 PM

I bought in at .0269 x 24k shares

IncrdibleMrLib
IncrdibleMrLibOct 14, 10:53 PM

Will definitely be looking at this. Thanks Tim.

pnatalia123
pnatalia123Oct 15, 11:24 PM

I am watching your trades closely. A lot to learn. Thank you.

brhodie
brhodieOct 19, 10:04 AM

Same PR basically, no new information that I saw

mwg63
mwg63Oct 19, 10:56 AM

Knowledge Account Increased

NoComment
NoCommentOct 20, 9:57 AM

Seems like a lot at stake for such a small return, however, when the math works out at 7.42%, I’d take that every day of the week, thanks!!!

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