SAVA Trade on Jan 6, 2020 15:08 from beno: Tradervue User Stock Trades.

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beno

 

Fundamentals

As of: October 29th
Shares Outstanding: 17.2m
Cash: 17.8m
Current liabilities: 0.907m
Current ratio: 20
NWC (total current assets - total current liabilities): 17.282m
Accumulated deficit: 167m
Book value per share (Stock holder equity / Shares outstanding): 1.01
Monthly Burn rate (net cash used in operating activities / months): 213k
Estimated current cash: 17.3m
Baby Shelf Exemption price per share: 4.36

Catalysts / News / Painting the picture

-Dec 5th: Cassava Sciences Announces Additional Positive Phase 2a Clinical Data in Alzheimers Disease at CTAD 2019
-PR in early December / late November that caused a technical rally

Technical Analysis

-Backside of the swing potentially started today
-Levels: 8.95 - 9, 9.40 - 9.50, 10.20, 11.25

Original Plan / Strategy

First Test short of 8.95 to 9

Review

Only First lot got filled before bounce, took 10 cents.


Execution detail:

Date/time Symbol Side Price Position
2020-01-06 15:08:09 SAVA sell $8.930 short
2020-01-06 15:08:15 SAVA buy $8.830 0


Comments

Gravatar 8Ballz
2020-01-20 06:09:08
 

I decided to look you up once again to see how you're doing and I got say this 'cause you earned it. Nice job. Your executions are much better and you are now profitable. You're still buying under vwap though. Stop buying under vwap. STOP BUYING UNDER VWAP! finally, look up Al Brooks. Get your hands on his 3 book series or buy his online course. These books are a little hard to read, but trust me they will make you a monster trader.

2020-01-21 06:52:26
 

Thanks for the advice, may I ask which trades you saw that I bought under VWAP?

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