Village Elder 231 posts msg #147247 - Ignore Village Elder |
4/8/2019 12:24:06 PM
Follow up on Friday's calls
THCT - closed on Friday at $17, now $15.15 and it was as low as $12.50 today. BTC for a gain of 10.9%.
Both ZYNE and EDAP are still above the ROC(5,1) target of 50. Only paper trading these but I would consider adding to any short position on both.
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Village Elder 231 posts msg #147297 - Ignore Village Elder |
4/10/2019 3:40:57 PM
ZYNE - shorted 1000 shares at $8.70, out now at $7.77 (gain of 10.7%)
EDAP remains resilient to reversion. The ROC(5,1) trigger went below 50 yesterday but on an UP day, which can happen if a stock gaps up, then holds to a narrow range for even a few days. This is where my "system" exit is occasionally ignored - critics are free to call me out but this stock will drop back soon for a profitable exit.
New call - short 3000 shares of ATAI at $3.85
Also - short 3000 shares of MARA at $3.80
May hold these for a few days but this type of movement is usually followed by a crash back down to earth.
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Nobody 404 posts msg #147300 - Ignore Nobody |
4/10/2019 8:47:36 PM
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Village Elder 231 posts msg #147301 - Ignore Village Elder |
4/10/2019 9:15:20 PM
Nobody - nice looking chart. I would only comment that the ROC(5,1) is below 50, which is (for me) a requirement for trading. GLTY
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Village Elder 231 posts msg #147312 - Ignore Village Elder |
4/11/2019 10:54:37 AM
ATAI - Shorted 3000 shares at $3.85, BTC at $3.13 for a gain of 18.7% ($2,160)
MARA - Shorted 3000 shares at $3.80, BTC at $3.29 for a gain of 13.4% ($1,530)
EDAP - still holding for now.
Note that these are paper trades - making no claims other than to test the approach.
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Village Elder 231 posts msg #147428 - Ignore Village Elder |
4/17/2019 10:58:01 AM
EDAP - I suggested entering a short position at the close on 4/5 at 4.90. Now trading at 4.78 - BTC for a small gain of 2.4%.
No new calls lately, but give it some time. These short opportunities pop up all the time.
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Village Elder 231 posts msg #147572 - Ignore Village Elder |
4/26/2019 3:24:52 PM
Keeping and eye on this one ... needs maybe one more day to get to where I like to enter a short trade.
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Village Elder 231 posts msg #147731 - Ignore Village Elder |
5/8/2019 7:23:14 PM
Short AKRX at the open tomorrow.
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Village Elder 231 posts msg #147781 - Ignore Village Elder |
5/13/2019 12:28:14 PM
AKRX - STO short position on 5/9 at $4.38. BTC today at $4.04 for a gain of 7.7%
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Village Elder 231 posts msg #147782 - Ignore Village Elder |
5/13/2019 12:47:23 PM
For fun - short 5000 shares of CVRS at $2.99. May hold a few days but no big deal.
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