Sold entire position in $NDRA in the $2.80s for a small loss. This was ranging under $2 for quite some time so best to minimize losses and re-assess the trade. Going to stay in cash for a little bit on this account. Will update once I start a new swing here.
Meanwhile, still bullish long term on $NDRA. I’m building a sizable position in my bigger account in $NDRAW (warrants) since I think the risk/reward there is very favorable.
Sold $CDTI for a tiny loss. Mostly flat trade for me. Sold since there has been very low volume the past several days and it seemed like the bids were getting taken out. At close of today’s session, stock closed at 50¢ support. If that breaks, there is no telling how low this one goes.
Moved those funds over to buy 6,000 shares of $DCAR at avg. price of $1.12. Will swing this for a pop unless I get stopped out. Terrible long term chart but has a history of pops on PRs right after a big drop. Playing my odds here.
Just like I had thought, $CDTI broke the 50¢ support today and closed more than 9% down on the day. No telling how low it will go before bouncing. $OHGI, which I had sold flat earlier, also took a dump today and printed 20¢ as the day low. Closed -16% on the day. In hindsight, getting out flat on those swings was a good idea.
Tried a $CANF day trade in pre mkt on strong contract news. Chart was not moving as expected on volume given relatively small float (~11M). Had a smaller position of 1800 shares. Booked a 10¢ loss and got out.
