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KozakHlib
Jan 25, 2021 1:10 PM

$AMTX is gonna fall today Short

Aemetis, IncNASDAQ

Description

Pupm&Dump trading strategy idea.

$ AMTX is rising too much without any strong news today.

The demand for shares of the company looks lower than the supply.

This and other conditions can cause a fall in the share price today.

So I opened a short position from $7,00;
stop-loss — $7,50;
take-profit — $6,00;

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Thanks for being with me!

Trade closed: stop reached

Comments
clarkehimself
I do not recommend shorting this stock, for the love of god, please dont do it.
KozakHlib
@clarkehimself, why not?
spiritedPie14309
That's true.
The company is promising with solid products/services but what caused the 100% jump today?
KozakHlib
@spiritedPie14309, I don't think all this news enough to explain jump from $2 to $7. I think this news is a feed for the pump.
Investroy
Nice Risk/Reward ❤️
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