1st green day on good volume after a long few weeks downtrend, gap to fill to 0.50, maybe shorts covering causing the move, former runner, 49m float, however up a lot already on the day. I held o/n and broker cut the position the next morning as I'm again under $100 in buying power. Aggghhhh so annoying! Looks like a dead cat bounce as at 0.34 now. Need to refund account
Entry comments: Former runner that is spiking again and having a FGD spike. Lots of small priced stocks have been running for days and going into Friday we could see this run big as newbies follow. I was considering buying shares earlier but realized there is lots of dilution in this stock and didn't want to play. Saw there were options so taking two small sizes as I think there is a possibility of this running and want to have limited risk. Goal is spike up to $1 and sell the options as this will be diluted.
Exit comments: Expired.