
Having watched it for weeks, this is not a short for me until after May 1st earnings, and only when it starts to drop under $8. Until then, it's been a 100% do not short -yet- stock because of the unreal price action. Too many shorts are trying to catch the dips and while that can be profitable if you're fast, it's also been resulting in a lot of squeezes.

Patterns don't mean anything anymore on this type of runner, as it has had 2 "would be red days" that ended up reversing so strong 4/18 & 4/19, so it was obvious to me to not short anymore. Even if it ends red today by chance, still not a first red day short since it's just up too much, and too many are still getting squeezed. I'm waiting myself even though it's hard to miss out on the volatile moves.

i would suggest simply short on the 2nd or 3rd day (go watch michael hudson interview he talks about this too)

2 or 3 RED day naturally :)
Join now or log in to leave a comment

i just answered my own question yeah it is lol

yes interesting way of setting up a pumper program. it looks like a legit business on the outside. good design.

im gonna set up a trial account and try to get some inside info. possible shorts

OLMM is up on being pumped by equity mark and also on a contact agreement. the farther i look into both companies the more dogshit the company looks. definitely looking to short this one
Join now or log in to leave a comment

I'm thinking of selling my 400 shares pre market and take 15-20 ct profits.. I'm scared for a morning panic. Your opinion????

@SFKrystal True, But always good to hear others opinion/statements and eventually learn from each other, right ? :D

did you end up selling these shares after hours yesterday when it was in the 4.40s?

I had an overnight position but sold it AH when they announced public offering. Now it looks like it's posed for another run...From hindsight, wish I held
Join now or log in to leave a comment

They will more than likely do an offering but if you got in at 3.12 you need to scale out as it moves up to bank something along the way.

i think it's at $3 now after an S-3 filing hit in after hours. my recommendation is anytime you have almost a 33% profit then take 50% to 75% of your shares off and bank the profit.

let the other remaining percentage run - if it cracks down, it has to really crash hard to wipe out your profit. if it runs up another 100% you still have a killer gain. i see giys in investors undgd doing this, roland does it.

take profits along the way - bank meat of move - never know the news before announced - bank it!
Join now or log in to leave a comment

ZX I believe is still an opportunity for another pop tomorrow AM. Took overnight trade @ $2.09 after hours.

Good luck
Definitely one to watch, sometimes it takes time for news to set in but good news isnt always good for the stock
Join now or log in to leave a comment