Well, the week started off great, then sucked as last weekend's .OW's cashed out. Been a slow climb since then.Ā
DEADP opens this weekend and I still think it is underpriced. Not sure by how much, though. Still long it and PAND3, the only other movie in release for FOXX. I've been trading more, repositioning for better returns, hopefully.
This week, I went against the grain with a few trades like shorting TBOAN. I think the news surrounding this one will be short lived. It's starting to come back to me. I also shorted EDEGL. I just don't get the 'breakout' vibe from this one. I think it will bomb. I also built up positions in ICEA5, HTYD3, ANUBS, and some penny stocks.
I have never been one to jump onto a position unless it has what I consider real news. I had a few radared stocks pop this week, and I have had much more success shorting them after they fizzle out.
Oh, I need to go decide what to do with the DEADP opening options.
Here is the chart from Kaigee.