AMRS Gap Fill

Fading the gap on this bankrupt company. Unless they made a miraculous turnaround, they're headed to zero.

Declining revenue, loss every quarter, negative book value. At one point this stock was at $500.

Note

Wild pump and dump AH on cannabis news then earnings. Picked up some shares when it went red. So now I have a put protected long position, will probably just sell both tomorrow and call it even (or exercise the puts).

Trade fermée manuellement

Sold the puts at the same price I bought them and sold the stock for a small profit. I'm sure this will close the gap, but I'm not going to pay attention to some crappy penny stock that they're trying to pump by mentioning cannabis.

Note

LOL, it closed the gap today after the whipsaw day yesterday. Should have held the puts. Trust the charts....

hungry_hippo

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hungry_hippo