Looking for a pullback to $3.3 support, using DEC puts. I would short the stock itself, too risky,.
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Took the easy money here, expect a bounce back to 2.9 on Monday before the next step down
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LOL, I meant $3.9 on the earlier post, and it;s already bounced back to that spot. Looks like the market is probably gonna gap up Monday, so not going to short this again until Monday afternoon if it forms a doji on Monday.
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If it finsihes flat or in the red, I might buy some puts again this afternoon.
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Looks like it's gonna whipsaw in this price range for a few days, no position.
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Announced additional share offering AH, looks like it's gonna hit my target tomorrow, congrats if you stayed in the game.
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I'd guess this is going to do a head and shoulders, rally is probably dead with this dilutive offer