Tuesday, 4 February 2014

Trades 04/02/14

Great day today, love trading them OTCs when they're so hot - overall happy with my buys/sells, sure left some on the table in a few plays, however always happy to book on the way up and not get caught in a nasty profit draining dip.
Only bad trade(s) of the day were on $HEMP - my fills were crap I should have just let that one go; +$3100 today, best day so far.

Gappers/Swings: 6/8

$UTRM .04s +$84
$ENDO .10 +$142
$PHOT  .345 +$75
$BRDT .23 +$65
$GACR .078 -$48

$PTGI 3.87 -$65 sold on the gap up as it had such a crappy close 
$SOCR +$98
$MCIG .353 +$107 this is why i sell at the open - it dumped, rest did quite well though
$SMME .18 still holding
$IEEC .12 still holding

Longs: 12/15

$ACTC .085, .081 +$5 couldnt babysit it; actually hit .09+,
$DPSM .45 sold some 52 +$32 holding some still
$GRNH .45 hate the way it trades but it's due a move; scaled out on the way to .52 +$470 glad i did too as it dropped really quickly from .525 to .50 so glad i sold some up there

$HSCC was holding above .10 so I chased a few +$143 it quickly turned back up so had to take 15% in two minutes
$NRTI risky on this big pull only filled 5k shares, sold on the way up in 13s for +$100

$GRNH in small .519 see if it can make nhod; didnt like it gave back -$30
$GRNH trying again, same price ... i did say i hate how it trades; made back the +$30 hate chasing the breakout, too worried about a dump

$CBIS accumulating low 19s, love this on a .20 break sold most 21 +$421

$GLCO .0155 for swing, had hemp news a few days ago and now it's bouncing mid 1s, hit .04 a few days earlier +$250 sold half .018
$MRNA -$21 crap
$SKTO nice r/g and grind .038; scaled out all the way to .045 +$257

$MMRF OTC IU chat alert .031  sold .04 for +$320
$ERBB .0123 perking like $SKTO and  nearing r/g; sold into the spike after the r/g

sold half here, and then rest .0138 for +$428 was upset just as i sold it moved to .015, but it dropped just as fast, always good to lock some on the way up

$EAPH .025 sold into that .03 break mostly at the .031s +$500 ; -> great sells too
$ENDO .135 for gapper
$MJNA .32 for gapper -$85 dropped it, cant move this turd
$ZDPY 3.45 for gapper
$CBIS .215 for gapper
$TUCN for gapper .005
$GRNH .60 small for gapper 

Faders: 0/1

$HW trying to catch a fade to 12 -$9 faded ... but then stopped


Shorts: 6/11


$FULL chased the short here ... was eyeing it pre at 8+ but feared a strong open instead shorted small 7.80 with 7.50 target 8 risk; blah took +$5 and moved on
$WWE -$16

$FURX

+$43

$PLPED 15.5 covered 14.7 for +$90
$FURX  +$20 had so many other things to watch

$FURX again tiny will try to be patient

covered here

and rest here thought it'd be bouncing off 105s - being overly cautious +$70


$BEAT lower highs but basing - testing chart

-$65 add to the do not short list

$HEMP  shorted a few, tight stop as i'm getting  sloooow fills; lower high, see if it can break this trend of higher lows -$158 if i fill it means it's going higher ...
$HEMP argh tried again 1/3 size -$50
$HEMP again, this time it broke trend, making lower lows ... argh tried to cover while it was still looking weak .. but no luck ... not shorting it again, was up $100 but just couldnt fill the cover as i guess bounce buyers were piling in off that .25 bounce, so instead of up $100 down another -$100

$FURX gave back -$30 cause didnt want to miss out on the big drop; good covers at least as it did curl

$SNE looks like a skinny triangle is forming

covered some here

rest here +$25

did hit 16 which was my original cover - but couldnt be bothered with it; it then bounced off 16

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