KDMN Trade on Nov 14, 2019 15:21 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

Stock had extravagant moves two days in a row at EoD. First day it was below VWAP then ripped up, second day it was above VWAP then ripped down. Today it had already made a huge up-move intraday and was above VWAP so I put patterns together and decided it would be a fun short to take while, risk was at 4.06.

Review

Cool that it worked, I was expecting the dump to be sooner and bigger.