timothysykes

Entry comments: I'm buying this big % gainer today on news of a big new stock repurchase program https://tim.ly/48ppIFs coming on the heels of a nearly 50% drop this week so it's bouncing nicely today even in an ugly market. It's still down 30% this week likely due to stop losses and the ugly market so I think when more people see this news it can bounce more next week, and its holding its gains well today so the goal is to make 5-10%, nothing huge but solid upside compared to downside risk.

Exit comments: Glad I gave this a bit more time given its recent range 4.30-4.50ish as this came back from a weak open to now breakout slightly...I have to take profits though as the Nasdaq has now bounced big and this is likely best-case scenario as it's now up 10% off its earlier lows so it's good to lock in profits. Congrats to all those with patience, this is a GREAT lesson

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Newsletters:Weekend Trader

Position Updates

  • Sep 22, 23 3:01 PM: Bought 3000 at 4.38 - I'm buying this big % gainer today on news of a big new stock repurchase program https://tim.ly/48ppIFs coming on the heels of a nearly 50% drop this week so it's bouncing nicely today even in an ugly market. It's still down 30% this week likely due to stop losses and the ugly market so I think when more people see this news it can bounce more next week, and its holding its gains well today so the goal is to make 5-10%, nothing huge but solid upside compared to downside risk.
  • Sep 22, 23 3:56 PM: Added 3000 at 4.31 - I'm averaging down as this was breaking out to new day highs before the overall market just started fading again so I think it can run more into he close and next week, perks of taking a small position at first, video explaining coming this weekend
  • Sep 25, 23 9:57 AM: Sold 6000 at 4.63 - Glad I gave this a bit more time given its recent range 4.30-4.50ish as this came back from a weak open to now breakout slightly...I have to take profits though as the Nasdaq has now bounced big and this is likely best-case scenario as it's now up 10% off its earlier lows so it's good to lock in profits. Congrats to all those with patience, this is a GREAT lesson
DatePrice
Entry9/22/20234.345
Exit9/25/20234.63
  • Total Views537
  • Position Size6,000
  • Percentage6.56%
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User_1610
User_1610Sep 26, 23 10:37 PM

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