timothysykes

($360) loss CANF Long Stock

Entry comments: I dip bought this new runner that's breaking past 2 day highs and looks to be a solid short squeeze like I wanted on Friday morning, just hit the 4.90s, I think it can get back there later today or early tomorrow

Exit comments: No bounce, rule #1 cut losses quickly, especially speculative late day short squeezes like this

Received 3 Karmas
204edoane
204edoane Dec 02, 3:37 PM

Will it recover went to 4.66 back to 4.20 and looked like it was rising again

moneymaking1043
1
moneymaking1043 Dec 02, 3:41 PM

React dont predict. Very important lesson to remember. ^

Kari
Kari Dec 03, 3:05 AM

Great lesson , if you wanna avoid risks, stay away from these late day speculative short squeezes, Thanks Tim!

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