Short
AMRS Gap Fill
Fading the gap on this bankrupt company. Unless they made a miraculous turnaround, they're headed to zero.
Declining revenue, loss every quarter, negative book value. At one point this stock was at $500.
Declining revenue, loss every quarter, negative book value. At one point this stock was at $500.
Note
Wild pump and dump AH on cannabis news then earnings. Picked up some shares when it went red. So now I have a put protected long position, will probably just sell both tomorrow and call it even (or exercise the puts).Trade closed manually
Sold the puts at the same price I bought them and sold the stock for a small profit. I'm sure this will close the gap, but I'm not going to pay attention to some crappy penny stock that they're trying to pump by mentioning cannabis.Note
LOL, it closed the gap today after the whipsaw day yesterday. Should have held the puts. Trust the charts....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.