Mid March: following up on the Madness
awesome Feb/March so far.
1. LCTZ 50k @ 004 sold from .05 to .20. sold too much, too early, and too cheap, but average sale was .096. and considering the time constraint for finding funds for bills, i’m satisfied. could have dun’ better, but rode that horse where i wanted. kept 10k as a cash asset.
2. CNHC 170k @ .0015 sold from .05 down to .031. i wad away from following the market for two hours on the day the 8k denial of the rumor comes out, so i exited early, lower than planned. that was an oops! my average sale was .0384, but i should have sold the .06-.07 range in the pre-8k morning and then rebought. i've grabbed 40k @.021 since then and am looking to add on if funds come available.
3. SOLI 40k @ .0003. took some profit and cleared shares for a long hold with small sells from .05 to .10. average sell was .07. i still have 10k at year-to-date (total cost divided by left over holding) @ .075 for use as a cash asset. i'm offering them at .15. much as i’d like to hold some things ad infinitum, i have bills to pay and can’t afford to pass up profits. that said, i've reserved 200k for no less than .20-25 to start with. of course, simply as a matter of finance, i'll be hard pressed not to sell at least 40k @ .25
anyways... all 3 are still in play, with near term forward events expected, mostly filings and could make moves by mid-April
as far as the rest of the current port -- RJDG SOAN DMAN ASKH VFRM CCLX PARS -- are all in the midst of some sort of accumulation/redistribution phases.
my (not exactly etched in stone) 1-3 month targets:
RJDG 700k @ .0075. last year i sold .0089 shares at .0292, but, as has been my wont, i made the mistake of not closing out, and, furthermore, adding on at a point that was too early. and, then, when my need for funds elsewhere closed off the money faucet -- i'd intended to build a position with 1M shares -- i was stuck with this cost. its my punishment for having eaten too often at the trough for too high a price. nonetheless, i should be alright, and i’m waiting for a break out and run to .012-.014 where i will leak 200k of my shares. this, fwiw, is a full year play and my 6 month target is .03.
SOAN 100k @ .0135. that’s a tad high for its recent range, and closer to where it needs to breakout than a bottom. the support at .009 is under pressure, and this could pull back a bit more. its oversold, so maybe.... i flipped this last year .017 to .0485. ?i’m looking for a run back to .03x. time will tell.
DMAN 93k @ .0065. this is in an accumulation area, and i'd be willing to add on around here. i traded this twice two years ago, first from .0059 to .025-.03, and then from .0091 to .038-.042. bought back, again too early, and waited through last year before selling my .013 at .0194. i’m looking to add on here (if funds are available.) target is a breakout over .008 and .014. this could run back to .02.
ASKH 40k @ .005. these are leftover shares and not for trading. its intended as a longer play, with an initial .20-.25 target. am looking to buy a trading position under .02.
VFRM 1.8k @ .55. this recently broke past the year high at .52 and extended the range to .70. on a break, bid over .75 its set to run back to 1.00-1.10. i will be a seller.
CCLX 200k @ .0048 awaiting news of custody hearing. very thin trade that could have big run on break of year high at .01. looking for .02-.04 to start with.
PARS 20k @ .02 this custody play is expected to need a longer hold. its currently in need of an SOS update.
AI
