wannabestocktrader
wannabestocktrader Apr 25, 18 3:46 PM

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.

wannabestocktrader
wannabestocktrader Apr 25, 18 3:48 PM

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.

Lucacollinelli
Lucacollinelli Apr 25, 18 6:03 PM

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

Join now or log in to leave a comment
Received 2 Karmas
KTM4NICK
KTM4NICK Feb 25, 18 11:53 PM

i just answered my own question yeah it is lol

bitsean_
bitsean_ Feb 26, 18 6:02 PM

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

bitsean_
1
bitsean_ Feb 26, 18 6:03 PM

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

bitsean_
1
bitsean_ Feb 26, 18 6:06 PM

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
fittrader101
fittrader101 Dec 05, 17 7:50 AM

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????

fittrader101
fittrader101 Dec 05, 17 8:08 AM

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

ChampagneBoy101
ChampagneBoy101 Dec 05, 17 2:02 PM

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

auhanleng
auhanleng Dec 05, 17 2:08 PM

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
Palmer
Palmer Dec 04, 17 4:47 PM

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.

Noble1222
1
Noble1222 Dec 04, 17 5:42 PM

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.

Noble1222
1
Noble1222 Dec 04, 17 5:43 PM

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.

asfricksrs
asfricksrs Dec 04, 17 6:26 PM

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
Received 1 Karma
leonkubek
leonkubek Nov 15, 17 3:25 PM

Currently watching to see what it does tomorrow morning. $DCIX did the same thing. Spiked like this one and then faded off. Then spiked the next day in morning so waiting to see. Low float former runner. Then looking for shorts to short the breakdown

Torkers
Torkers Nov 16, 17 4:49 AM

not sure eather - Ive been following CHFS for a long time but didn't see these news

Join now or log in to leave a comment
punkangel
punkangel Oct 25, 17 4:18 PM

Etrade can sometimes have borrows, but you need a minimum of $2k + the trading fees (so, let's call it $2025) to short according to their customer rep. My account this morning was at 1999.75. I couldn't short because I was short a quarter. LOL.

PS23
PS23 Oct 25, 17 5:35 PM

E*Trade is what I use, they are usually pretty good about having shares for listed stocks. However, they wont let you short any ticker that is less than 1$/share. They also have some available margin requirement if you are trying to short any ticker below 3$/share. Good luck!

Join now or log in to leave a comment
Torkers
Torkers Oct 25, 17 6:57 PM

what you are seeing is profit taking IMHO - you see this alot on the big gainers - but this is not a good pattern to short into IMO - it doesnt give any indications on that its just that some take out profits before the day ends..

Rocco01
Rocco01 Oct 25, 17 7:32 PM

Wouldn't you think there would be a morning spike the next day? Or am I not thinking along the lines I should be?

Torkers
Torkers Oct 26, 17 2:47 AM

@Rocco01 usually a strong finish the day before creates that - and vice versa - but its not exact science

Chemdog
Chemdog Oct 28, 17 2:02 PM

What's IMHO ROOKIE INQUIRY

Join now or log in to leave a comment
punkangel
punkangel Oct 03, 17 2:01 PM

This is the play I'm running today. I wait to see if there's any volume, then buy on the first dip. Got in on CLSN @2.40, holding on till the EOD where i will decide if I want to try overnight like I did with $ECYT. I don't think there's a huge $3 overnight swing, but it is a good test to see if these are good overnight longs for those of us with PDT restrictions.

auhanleng
auhanleng Oct 03, 17 8:21 PM

Congrats! Damn, u got a real nice return!

Join now or log in to leave a comment
auhanleng

@Turbobob Would you be long/short on an overextended play with great news? MRTX today released PR regarding positive cancer treatment trials, but it is has been so heavily bought today

Turbobob
Turbobob Sep 15, 17 2:38 PM

I trade what I see not what I read. But has more than doubled in price. So probably have to wait to see where it consolidates and see how the chart pattern develops. It is not a trade for me right now.

Join now or log in to leave a comment
auhanleng

@Turbobob Do you recommend shorting massive plays that spiked up with no news nor other any catalysts? For example, $WAC was up 70% yesterday and now it's down over 10%

Turbobob
1
Turbobob Aug 23, 17 10:06 AM

I trade price action and the chart. If there is a set up then I trade it not just because it is up. KBIO was up the first day and it continued to run to $100

Join now or log in to leave a comment
auhanleng

@Turbobob Hi bob, I read a SEC filing regarding a reverse split for CERU that will happen on July 19th. Should I just buy some shares on the 18th then?

Turbobob
2
Turbobob Jul 06, 17 1:39 PM

Reverse split is negative. I would wait and see how th eprice action is after th esplit

Join now or log in to leave a comment
auhanleng

@Turbobob do you think SHIP will be a good long position overnight? If you compare SHIP and YGE charts on finviz they're pretty similar

Turbobob
Turbobob Apr 04, 17 1:47 PM

Ship is not volatile enough for me and I seldom trade stocks under $1.50 so I have no opinion

Join now or log in to leave a comment
auhanleng

@Turbobob Do you think $GV will be a good short sell?

Received 1 Karma
Turbobob
Turbobob Mar 15, 17 11:32 AM

It was but how would you have known it would come off so hard.

auhanleng
auhanleng Mar 15, 17 11:35 AM

I didn't. Just checked out top losers section in Finviz. Maybe experiment with some short selling by paper trading.

auhanleng
auhanleng Mar 15, 17 11:37 AM

I'm just asking if you think if it can drop even more tomorrow? You have a lot experience in it so I was wondering

Turbobob
Turbobob Mar 15, 17 11:52 AM

too tough to call.

Join now or log in to leave a comment
Page
of 1