Post by
ctblizzard on Dec 04, 2017 12:05pm
After a long road.. out of 1/2 at .42
It has been a long journey for sure. I sold out of 1/2 my position today at 42 cents. I had a stage 1 goal that it would get back to a bit better than even from the huge downswing and it got there. Selling half will allow me to be a bit more patient for the next leg up.
Reason for selling..
1- Buying seemed to dry up a bit as it hit my expected rebound price
2-Shares for sale seemed to increase dramatically the last few days. With a lopsided amount on the sale side right now I am seeing only 33k on the buy side and triple that on the sell side on the top 5 tiers on each side. And instead of closing at the high for the day the tops were met with more selling towards the end.
3- Very uncertain as to what will happen when 7 million shares and 7 million 10 cent warrants come off lockup on Dec 16th.
Still in the game but feel lucky to get some off the table , as compared to where we were just a few months ago.
I tried to stick to the plan despite the emotional attachment to a stock going up, which usually ruins things for me LOL
It has been a long road for sure here but I am still in the game , though with less potential upside.
My current thoughts are , if we close the PP and get good news we might get one last good run before 12/16. After that I really do not know and couldnt afford to wake up and have the stock sitting at 20 cents or lower as people who paid 7.5 cents and 10 cents for warrants cash in.
Comment by
radar77 on Dec 04, 2017 1:49pm
Do you have some bizarre need to post your trades here?? No one cares. You are posting as if we all know you.