Shared by
beno
Fundamentals
As of: Sept 30 2019
Shares Outstanding (latest from broker): 573k
Cash: 4.33m
Current liabilities: 1.66m
Current ratio: 3.43
NWC (total current assets - total current liabilities): 4.04m
Accumulated deficit: 53.4m
Book value per share (Stock holder equity / Shares outstanding): 7.704
Monthly Burn rate (net cash used in operating activities / months): 642k
Estimated current cash: 1.764m
Catalysts / News / Painting the picture
-Signs Nationwide Payer Network Agreement with HOMELINK
-Enough cash for 2 months, will need to raise again soon
Technical Analysis
-Levels: 6.50, 7, 7.75, 8.50
-Morning push above PM high
-Consolidation above PMH all day
Original Plan / Strategy
First Test long of 7.50 level with half dollar and VWAP confluence
Review
Entries were good but bounce lacked strength, I accidentally closed my position and didn't bother getting back in due to weakness.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-02-19 10:23:23 | MYO | buy | $7.510 | long |
| 2020-02-19 10:23:24 | MYO | buy | $7.510 | long |
| 2020-02-19 10:23:25 | MYO | buy | $7.410 | long |
| 2020-02-19 10:23:27 | MYO | buy | $7.360 | long |
| 2020-02-19 10:24:41 | MYO | sell | $7.470 | 0 |
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