KSK8
561 posts
msg #147867
- Ignore KSK8 |
5/22/2019 10:52:17 AM
With most brokers you'd be stopped out before the losses exceed a specific % of your account equity.
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sandjco
648 posts
msg #147878
- Ignore sandjco
modified |
5/22/2019 7:40:49 PM
some brokers will also restrict your exposure to certain positions relative to your account size
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mahkoh
1,065 posts
msg #147949
- Ignore mahkoh |
5/29/2019 1:29:43 PM
Looks like ELTK is up at it again. You plan on playing it tomorrow?
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KSK8
561 posts
msg #147950
- Ignore KSK8 |
5/29/2019 1:54:18 PM
I've been watching it. I want to see how it plays out till the close before I make a decision.
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mahkoh
1,065 posts
msg #147961
- Ignore mahkoh |
5/30/2019 4:22:34 AM
ELTK , I don't like that it closed at a new 18 month high, could fill the gap from late 2017. And it traded 17 times shares outstanding, that is crazy.
I'm going to put in a limit order to short near 15.
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mahkoh
1,065 posts
msg #147968
- Ignore mahkoh |
5/30/2019 11:20:56 AM
Just checked tradingview and the chart looks totally different there. No large gap in late 2017, but there is a big one in 2014 just above 11 ...
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KSK8
561 posts
msg #147970
- Ignore KSK8 |
5/30/2019 11:28:17 AM
Just added more to my short, it'll come down. A company that dilutes heavily can't keep making higher highs.
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KSK8
561 posts
msg #147976
- Ignore KSK8 |
5/30/2019 2:22:45 PM
It just got halted, a panic sell is about to ensue :)
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mahkoh
1,065 posts
msg #147990
- Ignore mahkoh |
5/31/2019 3:59:08 PM
Well, must have been an exiting ride so far.
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KSK8
561 posts
msg #147992
- Ignore KSK8 |
5/31/2019 6:13:32 PM
My timing was incorrect but I am confident it can't go higher, hence why I haven't covered a single share. If it doesn't collapse on Monday I'll cover for a loss. But if it does, I still most likely will cover because the overnight fees are only going to drag the position.
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