timothysykes

$572 profit GSAT Long Stock

Entry comments: I bought this takeover rumor play on an intraday and multi-month breakout, thanks to http://stockstotrade.com for the HOD alert and the news http://tim.ly/2r2bQ23 any takeover deals/rumors usually are heightened on Mondays so shorts are and should be scared heading into the market close, small position though for me as this is speculative, I'd prefer to add more on a big dip, goal is just to make 10% as this isn't a hugely volatile stock, but I'm playing the odds with this chart/news/setup

Exit comments: I didn't get all my goals, but half way there and CNBC now talking about the takeover rumors, this is best case scenario on a Friday afternoon, video lesson coming, but I'm taking my profits here as this is NOT a volatile stock and CNBC sucks so bad, they're probably wrong and them getting their viewers into this now is possibly the kiss of death so I won't risk it over the weekend, be contrarian to mainstream media, especially when that media has a winning percentage of only 35-40% :)

Received 8 Karmas
Scott_PaperTrader_legit
Scott_PaperTrader_legit May 13, 17 12:44 AM

Sometimes it pays to be lucky :) drops from 2.54 to 2.37 next got the top good work Tim :)

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ultrasoundlaserart

*** $GSAT Falling knife pattern. *** Filled Sell 1000 GSAT Market 1.7487 09:42:32 04/10/17 Filled Buy 200 GSAT Market 1.7299 09:39:55 04/10/17 Filled Buy 100 GSAT Market 1.7299 09:39:55 04/10/17 Filled Buy 100 GSAT Market 1.7299 09:39:55 04/10/17 Filled Buy 100 GSAT Market 1.7299 09:39:55 04/10/17 Filled Buy 100 GSAT Market 1.7299 09:39:55 04/10/17 Filled Buy 400 GSAT Market 1.73 09:39:55 04/10/17 Followed this one down to a base and watched it level off in the $!.72 to $1.73 level and waited for 3 minutes with too much pressure preventing a run so sold just before a drop took place. $18= profit so still profitable but no real potential on this at least for now.

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timothysykes

($120) loss GSAT Long Stock

Entry comments: I bought some of this multi-month breakout play premarket off its highs in the 2.30s on news of a big takeover on STRP, a GSAT-like competitor...my goal is to sell into morning spike anywhere in the low 2s is fine with me as this isn't that volatile of a stock

Exit comments: Out for small losses here, no pop at the open

Received 2 Karmas
GUAMillionaire
GUAMillionaire Apr 10, 17 9:29 AM

Headset on. Clipboard in hand. Ready to study the action live. #backupquarterback

GUAMillionaire
GUAMillionaire Apr 10, 17 9:36 AM

WOW! So glad I have STT. Able to watch you "live" cutting losses quickly. Good lesson from a good example! #backupquarterback

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