Current Swings - Long $CLPS, $CAPR
Intend to keep up with posting my trades here back again after a long hiatus and months of general tardiness. Apologies for that in case anyone is following.
Current swings in IB account:
$CLPS - Chinese IT company. China trade news is hot in current market and Dec is a good time for low float former runners. Bought this beat down chart for reversal like it ran from around $2.50 levels to almost $17 last Dec. Looking for a similar repeat run. Will swing this - not going to rush selling unless the chart completely falls apart.
$CAPR - pretty funny that this ticker was also one of the swings in the post down below from earlier this year. Chart has been very beat down here and entered the 10K position just today looking for a bounce. Some FDA meeting news is expected from the co before year end. Company has recently filed a S-1 so will be mindful of any dilution risk. Float is still tiny and any positive news can spark this former runner. Will be happy with 50¢ or more on this.