You guys chasing LK too? Its going nuts so I wonder what's up?

Bought 4.6 trail stopped out even, have rebuys 4.4 4.7

I'll cover it today at 3:30 webinar

https://attendee.gotowebinar.com/register/8171906145940208898

 

@Iron do you trade these smaller pumps or avoid them?

 

I wrote and deleted something that happened exactly as stated. I bought at $3.98 before the Close and after hours sold at $4.25 when the promoters came and pumped. Now their stuck, interesting.

 

Pompeo's remarks are what killed a further rally with LK, maybe the gang will come back Friday?

 

I bet you scared the shit out of the shorts with that size. Save some for the rest of us.

 

That's some good info thanks for sharing. Is RH really the big swinging dick of walls street now?

 

I doubt traders were chasing the market.

day traders bought LK yesterday when market just opened.
around end of day, they closed some position and took some profit.

for remaining position, they get ready to close position over the next few hours/days.

 

It has been a good list both for continuation plays as well as watching for the short break. For these individual momentum plays it is a decent sentiment indicator. When everyone is leaning hard one way, get ready to lean hard the other.

 

As Gaus warned, politics took some of LK's wind out. Should have closed above $5, than Pompeos comments hit Bloomberg. You know what stock is ignoring DC, JD! So is there a Cabal causing manipulation of all the trash stocks? How do we get invited or put in the know?

 

Lol and that's why I'm still an educator, I made profits but not a fortune. Did close to 30 tiny trades today, nibbles. I never got comfortable trading 1k+ size