KDMN Trade on Nov 14, 2019 11:28 from beno: Tradervue User Stock Trades.

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
-Day3 (today): Parabolic morning with an afternoon fade

Important levels: 3.25, 3.50, 3.80

Catalysts / News

-Met primary endpoint for phase 2 KD025

Original Plan / Strategy

Washout long the bottom of the ascending channel

Review

Missed the initial dump where I could have potentially made 7-10 cents, the second time it tested the channel it broke. I'm finding that if you don't get in on the first test then your odds of success are greatly reduced.

The second trade at 11:51 was cut short because I saw a seller soaking at 4$.

Lessons Learned:
First bounce is always the best! (Perhaps I will try a new first bounce strategy like the one at MIC)