I got in this trade because it was OTC Top 5 Biggest % Gainers on PR but NOT a former runner. Dip bought 6/1 11:10 $0.012 20k 19% off 10:36 $0.0148 HOD. Was going to turn around for a quick 10% on my inside-the-spread with small size strategy but the spread collapsed, became illiquid, & range bound $0.0079-$0.013 . Added 6/5 9:01 $0.01 20k & set Limit Sell for 10% win. Fidelity got me out 6/12 8:32 $0.0121.
Entry comments: This unknown stock has a solution to protect against active shooters as their PR today says https://tim.ly/3ND11tU and so this is just a question of when people will actually recognize this play...its near year lows and I have a tiny $ position so not much risk, but if it gets noticed, I can make 50-100% so that's my goal. Sadly there will likely be more active shooters so this is an important issue
Exit comments: They actually did a PR today with an order for their product to combat school shootings, but the stock barely budged...it got up to .015, but its now failing so I'm taking puny gains...right idea, just not enough volume
Tried to buy this potential stt breaking news spiker. But I messed up big time and made some mistakes I have made in the past on these bigger stt losses. This stock had news about associated with the shooting yesterday about selling balistic vests to schools in Texas. I thought the news had some wieght and I saw bidders and decent volume and I tried to play the first min thinking it could have a decent spike. But what I should have done is just played way smaller size because this moves fast.
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