Qudian (QD)

[PURA VIDA]

I've been following QD for months now. It's been a very profitable stock to "trade". Lot's of movement both up and down.

This stock has been heavily short sold in the past but has been letting up recently.. Now with Kunlun out of the picture, I am intrigued to see if this shorting will continue or fade away.
http://shortsqueeze.com/?symbol=qd&submit=Short+Quote

Thursday was interesting (someone knew the news was coming) as you could see the price being held at the 5.16-5.17 level - forced down to 5.13 and then recovered a bit.

I had been waiting for the gap at 5.06 to be filled - it was.

Bought at 5.07 and made nice cake on this last move.

Now, will there be "shorts" to try and fill the gap left at 5.17 ?? Or, will this be a break-away gap? Time will tell - but you can be certain that I will be here playing this both up and down.

For the long run... I see QD going back to the 15 dollar level in 18 months , and probably 8-9.00 dollars in the short term.

Good luck everyone - and prosper. Patience, timing, and discipline.