KDMN Trade on Nov 13, 2019 09:37 from beno: Tradervue User Stock Trades.

Gravatar

Shared by
beno

 

Fundamentals

Shares Outstanding: 129,690,886
Cash: 66m
Current liabilities: 54.3m
Current ratio: 2.29
NWC (total current assets - total current liabilities): 70.1m
Monthly Burn rate (net loss / months): 5.5m
Estimated current cash: 57.75m
Accumulated deficit: 320m
Book value (Stock holder equity / Shares outstanding): $0.62

400m shares registered thus far in S-3 in 2019
S-3 2019 - $50m of ATM (none used)
S-3 2018 - $40m of ATM ($29.9m used already @ $2.17) - $10.1m left

Technical Analysis

-POS chart, huge downtrend
-Day1: morning dump, slow grind up during zombie hour, huge move up EoD
-Day2: strong move up in morning, leaked above Yesterdays PM high level then tanked, same zombie hour grind up, EoD dump

Important levels: 3.25, 3.50, 3.80

Catalysts / News

-Met primary endpoint for phase 2 KD025

Original Plan / Strategy

Panic Pop short to yesterdays PM consolidation.

Review

Disappointing trade, I was the herd this time, seen it spike to 3.85 and hold above 3.8 just long enough to cause me to stop out.

Lessons Learned:
1. A short hold 2-3 cents above a technical level shouldn't be enough to get me to stop out.
2. Think of where the market has their stops and avoid stopping out with them. Add when others are stopping out.


Execution detail:

Date/time Symbol Side Price Position
2019-11-13 09:37:24 KDMN sell $3.720 short
2019-11-13 09:46:47 KDMN sell $3.750 short
2019-11-13 09:47:29 KDMN sell $3.800 short
2019-11-13 09:48:41 KDMN buy $3.840 0


Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in