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chartmojo
Jul 28, 2016 12:11 PM

Potential Lockup Expiration Play Short

Description

Lockup expiration coming on 8/9. = possible overhead pressure. Net income -24 mil...worth trailing for a possible short if available. Currently a H&S formation. Do your own due diligence. This is just a heads up. Has a way to go to get to IPO price. It's good to trail these well ahead of the lockup expiration. Often the pop and drop is well ahead of the actual expiration. You can see where the selling began. Most of the execs in their 40's. I like to find runner ipo's w/ negative earnings and young insiders..I referred to this on in the EDIT idea posted 9 days ago. I'm trailing EDIT as well.
Comments
chartmojo
A couple days to the lockup expiration...getting interesting..
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