Shared by
beno
Fundamentals
Shares Outstanding: 54,815,202
Cash: $345.1m
Current liabilities: $111.36m
Current ratio: 3.75
NWC (total current assets - total current liabilities): $307m
Monthly Burn rate (net loss / months): $33.43m
Estimated current cash: $295m
Accumulated deficit: $2144m
Book value per share (Stock holder equity / Shares outstanding): $-1.6
Technical Analysis
-Strong open
-Parabolic mid-day action
-Complete entrancement to PM highs - exhaustion pattern
-Might be backside now, looking for short setups in future
Catalysts / News / Painting the picture
-Earnings: Q3 loss but beat on revenues
-Has been running for the past 3 days on increasing volume
Original Plan / Strategy
First Test of 14 level
Review
One good trade, had fantasy orders in and three of them got hit before it popped up, traded out on first pop.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-11-29 11:06:07 | CLVS | buy | $14.040 | long |
| 2019-11-29 11:06:08 | CLVS | buy | $14.010 | long |
| 2019-11-29 11:06:25 | CLVS | buy | $13.980 | long |
| 2019-11-29 11:06:36 | CLVS | sell | $14.080 | long |
| 2019-11-29 11:06:39 | CLVS | sell | $14.110 | long |
| 2019-11-29 11:06:42 | CLVS | sell | $14.140 | 0 |
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