Shared by
beno
Fundamentals
-May 08 2020: $2.8M ATM offering
-May 13 2020: $5.4M offering
-May 28 2020: Offering of $30M, 20M shares $1.5
Catalysts / News / Painting the picture
-May 07 2020: To Launch Kartoon Channel Digital Network Across multiple platforms
Technical Analysis
-SPY pattern: Afternoon Runner
-Intraday pattern: Runner
-Levels: 3, 3.2, 3.5, 3.7, 4
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 3.2 level
Confluence: N/a
Strike Zone: 3.2 - 3.15
Sizing (lots): 2
Risk (stop / Rs): Hold below 3.2
Review / Lessons Learned
OGT but marketed out (made mistake here - see my NCLH trade) to focus on NCLH. Piked it obviously (in hindsight)
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-02 10:45:15 | GNUS | buy | $3.210 | long |
| 2020-06-02 10:45:18 | GNUS | buy | $3.200 | long |
| 2020-06-02 10:45:18 | GNUS | buy | $3.200 | long |
| 2020-06-02 10:45:18 | GNUS | buy | $3.200 | long |
| 2020-06-02 10:46:03 | GNUS | sell | $3.240 | long |
| 2020-06-02 10:46:09 | GNUS | sell | $3.240 | long |
| 2020-06-02 10:46:20 | GNUS | sell | $3.250 | long |
| 2020-06-02 10:46:47 | GNUS | sell | $3.240 | 0 |
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