CETX Trade on Jan 15, 2020 11:32 from beno: Tradervue User Stock Trades.

Fundamentals

As of: EoS 2019
Shares Outstanding (latest from broker): 4.32m
Cash: 1.77m
Current liabilities: 15.6m
Current ratio: 1.283
NWC (total current assets - total current liabilities): 3.24m
Accumulated deficit: 20m
Book value per share (Stock holder equity / Shares outstanding): 7.276
Monthly Burn rate (net cash used in operating activities / months): 328k
Estimated current cash: 622k
Baby Shelf Exemption price per share: 17.361

Catalysts / News / Painting the picture

-Y/Y 2019 sales increase
-700k PO for video system
-Has 100% chance to not hold its gains on gap up

Technical Analysis

-Daily chart with wicks / pig
-Nice trend all morning and afternoon above VWAP to trap longs / then it dumped
-Ended closing %58 green on the day but intraday longs still got screwed / good chance backside continues tomorrow

Original Plan / Strategy

First Test Long of 2.45

Review

All lots got filled but stock was having a really hard time bouncing, took 1 lot off early at break even to lighten up my risk. Had one profit taking order get filled at 2.49. Plan was to stop out if 2.38 was on the bid, when it happened it immediately tanked 10cents and I stopped out at 2.29 instead of 2.38 because I wasn't fast enough and it tanked very fast, obviously sold the bottom, could have kept tanking from there...