SMSI Update

Mar 5, 2020

Solid beat, sitting at $6 AH, I think the direction tomorrow is gonna depend on what the market does since we've been looking at 100 pt whipsaws on the S&P. Up day means $7 double top, down day probably means a gap fill.

WHo knows anymore, market is a mess.

Mar 6, 2020

Note

Futures tanking again.... doubt we even see a gap up in the morning.

This market is gonna crush everything....

Mar 6, 2020

Trade closed manually

Got lucky and my order for 5.8 went through. Done screwing around with long positions in this crap market

Mar 9, 2020

Note

Was a smart move to dump Friday....

If the market continues to act this way, there's a potential that SMSI falls below $4 again. Load up if it does, easy money.

Mar 16, 2020

Note

This company is ridiculously undervalued at this point, but as we know from last quarter, that means nothing.

I'm willing to bet that this closes the gap at $1.85, at which point I'm buying like crazy. Long term holding in 401k only.

Meanwhile I'm flipping puts in garbage companies.