I've known for a while that TRXC is a pump but the stock have held pretty well. Then on Friday this expose bit.ly came out on Seeking Alpha with the title "Watch For A 60% Decline After Stock Promotion And Disappointing Sales". It dropped a bit but not really much. Knowing it's a short-squeeze-friday, I waited for a bounce and shorted at $3.85. I held my...
NXTD has been pumped and is now slowly fading. I shorted on the first red day at $0.60 and held my position in two days. On the second day it got down to $0.50 and held that level as support all day. My target was at least $0.40 but when it held $0.50 all day and tomorrow is a short-squeeze-Friday, I covered my position at $0.51 for a safe 15 % profit.
ENOC has been fading the last few days after being up a lot. With the overall market down 2 % yesterday and the media is talking about a possible bear market, I took that as my advantage and shorted this stock that has been up a lot. ENOC was also red on the day when I shorted which minimized my risk for a big spike. Shorted at $4.80 and held my position...
Stockpalooza.com is being paid 100K to promote EYEG. It's a pump that will eventually crash. Shorted at $3.30 and covered at $2.70. It will probably crash more but I'm taking my 18 % profit.
Reshorted CLTX at $3.25 on friday last week and I've been holding this for a few days. I wouldn't normally hold a position this long but I was expecting this stock to crash 30-50 %, so I gave it some time. It was forming a symmetrical triangle with lower highs and higher lows. This could actually go either way, breakout from the upper trendline or breakdown from...
Big drop out of the gate today so I played the other side of the stock. It was as high at $5.80 premarket and opened at $4.59, so it was downtrending. I waited a little before I shorted at $4.00 and then the morning panic began. I was pretty much comfortable with my short even though it bounced when it hit a few support levels. But it just cracked through them....
Not really sure what the catalyst was but I think it was about CLTX had reached a securities purchase agreement for a private placement with a select group of investors. CLTX was up 68 % yesterday. The stock didn't really do much until 11.30 AM when the volume came in. I didn't look at the stock until later on the day. I considered buying on the dips but wasn't...
Forward Industries reported earnings yesterday of 6 cents a share for the fiscal third quarter. Revenue fell to $7.23 million for the quarter from $9.06 million in the year-ago quarter. This is an earnings winner. The numbers doesn't matter, it's the REACTION that matters! FORD spiked from $1 to $3.7 in the market open yesterday. Then it fell and had a nice...
I was too late in this stock that went SUPERNOVA due to work. When I saw this stock it was already up +300 %, from the low $2s to the $6. #1 top % gainer in the whole US-market. The catalyst for the explosive rally was the report of positive mid-stage trial results for an inflammation therapy targeted toward patients with bladder pain syndrome, or interstitial...
Pump and dump. The Stock started to crack after several up days. Shorted and covered. High risk for a morning gap up tomorrow so no overnight short position.
Massive selloff triggered the circuit breaker, CZR got halted. News came out about CZR facing bankruptcy after a federal judge refused to protect the casino company from creditor lawsuits seeking up to $11 billion. I shorted after the reopen of the 1st halt. CZR got halted several times under 30 minutes. I got too greedy and held my short position through several...
Huge move on the stock triggered a circuit breaker, AXON got halted. Some news about their drug study came out which caused the move up. But it was old news. I made a quick trade and shorted it after the reopen.
News came out about an investigation on behalf of investors of LifeLock concerning the Company’s and its officers’ possible violations of federal securities laws. Law Offices of Howard G. Smith was preparing a lawsuit to recover damages suffered by LifeLock investors. The news caused a massive selloff from $16 to $14 and triggered the circuit breaker, LOCK got...
News came out about an investigation on behalf of investors of LifeLock concerning the Company’s and its officers’ possible violations of federal securities laws. Law Offices of Howard G. Smith was preparing a lawsuit to recover damages suffered by LifeLock investors. The news caused a massive selloff from $16 to $14 and triggered the circuit breaker, LOCK got...