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
-Jun 03 2020: Channel goes live June 15th
-Jun 04 2020: Citron short report / New S-3 filed with $2 price
Technical Analysis
-SPY pattern: Parabolic Fade
-Intraday pattern: Rug Pull
-Levels: 4, 6, 7, 8, 9, 11.50
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 8.87 level
Confluence: N/a
Strike Zone: 8.9 - 8.8
Sizing (lots): 1
Risk (stop / Rs): Hold below 8.8
Review / Lessons Learned
OGT, not using big size as its in PM
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-04 08:41:20 | GNUS | buy | $8.950 | long |
| 2020-06-04 08:41:20 | GNUS | buy | $8.950 | long |
| 2020-06-04 08:41:20 | GNUS | buy | $8.950 | long |
| 2020-06-04 08:41:20 | GNUS | buy | $8.950 | long |
| 2020-06-04 08:42:11 | GNUS | sell | $9.060 | long |
| 2020-06-04 08:42:11 | GNUS | sell | $9.060 | long |
| 2020-06-04 08:42:40 | GNUS | sell | $9.080 | long |
| 2020-06-04 08:42:40 | GNUS | sell | $9.080 | long |
| 2020-06-04 08:43:43 | GNUS | sell | $9.200 | long |
| 2020-06-04 08:43:43 | GNUS | sell | $9.200 | 0 |
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