This was two separate trades. The first was a multi day breakout over 4.50. I bought 3k shares at 4.62 and sold at a 4.915 average the next day when it showed a ton of resistance at 5. That was a $850 win. Then I got back in for the multi month breakout with 500 shares at 5.03. Sold the next day when it dipped on the open, at 5.1008. $25 win there.
Bought this volatile cannabis play before the Canadian senate was due to vote on legalization. I was up as much as twice the profits of what I finally ended up realizing, but decided to hold through the vote, as it was overwhelmingly likely that the bill would pass. It seems the news was already priced in and I exited quick the next morning when the listed cannabis plays started gapping down premarket.
This was a really frustrating trade that shows the dangers of playing illiquid tickers. I bought the breakout on this about a month ago. Ended up with way too much size as the volume died off and the spread was over 50% some days. The finally had a SEC filing yesterday that brought in some buyers and I was able to exit for a small loss. Could have made $3k had I waited until later in the morning to sell, but I just wanted out. The previous day there were no shares traded so I was happy to exit.