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Re: THREE-DAY-TRADER post# 542

Friday, 11/15/2019 10:24:46 PM

Friday, November 15, 2019 10:24:46 PM

Post# of 843
Very Low Cash here, so I never touch a stock in this scenario..... especially this type of sector stock in the science field, biotech area, etc.
>>>I prefer 1 year's worth of cash burn or more on the company's balance sheet usually before I trade a stock to go long. That rule I learned to stick by a long time ago usually curtails risk of share offerings while I trade it.
***The low cash on $YTEN foretold this event was due (that's the lesson anybody should be learning today).
***Also, the recent S-1 filing(s) were portending dilutive share offering(s) due out.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151999020

I've posted here in recent weeks that I'm watching this & posted awareness of the S-1 filing, but have waited because of the low cash.
After dilution news today gets priced into it, then will be a good time to start entering it for a trade
https://ih.advfn.com/stock-market/NASDAQ/yield10-bioscience-YTEN/stock-news/81158273/current-report-filing-8-k





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