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Entry: Up already on news. Will take very small position as it's up over 200% already. Looking for 20% gain into the strength. Risk 20 cents a share. Exit: Got lucky on that one as I came in when it was already up 200%+. Almost sold at 4.15 (area) but it bounced. Looks like it squeezed the early short sellers. My sell order was .02 cents off the high. (Not sure how to change the timezone in the above chart).
First trade of the year! Was watching PIK as it was running on morning news. Around 3pm, I noticed it was up-ticking with more volume. I bought 50 shares at $4.14. My plan was to ride into a possible short squeeze and gain 20%. I panicked six mins in and sold at $4.82. Had a good laugh as the short sellers were squeezed up to over $6 a share. Enjoyed my decent gain.
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