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What happened here? Was there news? I was going to add first thing this morning but didn't pull the trigger. UGH!
Shorts always win...wtf?!?!
Shorts have no fear...unlimited shares being sold at the ask.
Bailed at 1.92 then bought back in at 1.88. Shorts are killing this. Seems like they're desperate. Can't get past 1.95. Had my second sell in at 1.98 but no go. Broke below the 5 min TL and now we're back trying to fight it as resistance. Most likely we'll test 1.80 again before EOD. *SHRUG*
Bounced off the low of last December. Hoping it doesn't break that 1.67/8 level.
You buying some...why the huge dump after the news?
Still waiting for Dow 23,000...
The PR I read mentioned the consideration of a merger...not sure if they have any options at this time, but it was mentioned.
PhaseRx said it is review strategic alternatives, including a potential merger.
Just checked...got filled at 1.34. Even better! Of course I'd rather have $3, but I'm not complaining (yet). GLTY!
Ugh, had my sell at 1.14 and missed the rest...oh well, I'll absolutely take it. Thanks and congrats!
Added more this morning on the news...
Are they really going to bring SORL back down below the 50MA????
Broke the 20MA. If .80 doesn't hold it's off to .72, IMO.
PZRX - looks like Friday was the last pop before they tank this one. Trying to break below the 20MA, IMO. Really low volume, however.
SORL...was in for the first run. Got back in for most of my original position. I'll take $8. ;o)
AscendTrading group on Twitter moved it up and are probably selling now. We'll see if it fades into close.
I'm back in with my full position again. *GULP*
Wow...congrats!
I still have 2/3 of my shares...the position is almost 20% of my account. LOL!
Tried to sell half at .99 but just missed. Now it's falling back. Ugh!
I grabbed more at .82...what just happened?
Good point...gonna keep a close eye and bail if I get a chance. Thanks!
Doubled the starter at 1.80..
GNCA - grabbed a starter at 1.77. See if it continues down or tests $2 again.
Great call...if I woulda had the cash I was gonna buy. Ugh!!
That's the pullback for the next run at 23,000/2568
Pff, no worries. Nice buys on it, but looks like old news re-released for momentum.
https://www.tickerreport.com/banking-finance/2939190/31974-shares-in-sorl-auto-parts-inc-sorl-purchased-by-mml-investors-services-llc.html
Damn, missed the dip to 4.75 while I was in a meeting. Back in at 4.89 for half my initial position. Not sure this is done pulling back, but I guess we'll see.
Good post. Would you consider this a blow off top or is it too controlled?
This is bonkers!!! Is this considered a blow-off top or is it too controlled? I read a post saying this overall move could go to 2650+...WHAAAAT?!?!?!
Saw it was just under 200MA when you posted. All my cash is tied up between unsettled trades and other positions. Really hate my company 401k makes me wait 3 days for settlement.
Yes, exploding even more. Congrats!
Could be...but I'd expect some sort of backtest of those MAs before that boom happens. Unless buyers push a major squeeze that blows the top off (even more). Seems like your group really knows how to pick 'em!
Moves have been unreal. 100 points in a month every time. DOW 23,000 is the minimum target I guess.
Congrats on holding!
Thanks for the comments. I added a few more this morning. Definitely will add more if we stick around these levels longer.
Out the other half at 4.82. I don't have the balls to hold around these two MAs. I'm sure it'll take off after churning a bit. Gotta take my profits these days. Will keep watching to see if I can jump back in.
Thanks again for the call!
S O R L - out half at 4.79. We'll see where it goes from here.
I'm seeing calls of SPX 2650 if this gets extended...dafuk is happening here??!?!
From what I read on StockHouse.com, many believe management is overpromising and won't be able to deliver. They also mention the need for more capital raise via dilution to keep operations going. As I've said multiple times in the past, the market seems to know the real story, even when we don't.
I've re-bought my position, but am not as confident as some others. The action here definitely smells of something not being right. I hope for all of us that it's not the case and we win big.
GLTA.