Watch, Think, MaybeSo occurring as we might expect, a soft day, with volatilty mix. Glbs: Opens high like prior day and drops in front of a vote. Think a/c, we want in, we can add to a winner. Likely very strong on US China deal, however they can use UK vote to drop lower and clean out nervous traders.
When over insiders will own stock, so do we at the right a/c. I had dropped 90% of GBLS from 3 trade days back off monster highs. I am rebuilding position and placed minimum 8 bids between $5.48 and $6.30. I should as I was selling $7.50 to $10.81 (highest sell prior).
A/c is critical to stay out of deep trouble. Note if I filled as low as $5.48 I would rebuild 60% of prior position and 1, add to a winner, 2, drop off some shares if falling over $0.40. Thereafter I watch, lower fall to $3.75 big buyer, $4.50, adding.
Using NG this strategy for Plum, Tenx, SELB, Tops, DCIX, Zsan, AXGT.
TVIX, took off 1/2 early AM as below $28.90. I have 1 bid to add to TVIX at 1000 bid $27.91, today’s insurance trade 1500 total.
Nugt and Jnug went as expected in front of UK mess in parliamentary debates and today’s vote which will have much greater impact.
GBLS as I post is at $6.36, ask $6.46. I expect Glbs falls in hours ahead, $6 or lower. I will be near 14,000 and 50,000 total Tops / Dcix combined. Hold right now 6000 bid at $1.41 PULM, 6000 SLEB @ $2.05.
Glta Manx