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.
Comment:
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.
Comment:
LOL, it closed the gap today after the whipsaw day yesterday. Should have held the puts. Trust the charts....