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: Consolidation
-Intraday pattern: Fade
-Levels: 4.5, 4.8, 5.5, 5.8
Strategy / Confluence / Sizing Guide / Risk
Strategy: FT-15 long of 4.5 level
Confluence: Half $
Strike Zone: 4.5 - 4.3
Sizing (lots): 3
Risk (stop / Rs): Hold below 4.3
Review / Lessons Learned
Only got 2/3 size but was patient and scaled out slowly.
Lessons Learned: GET TO FULL SIZE especially when inside SZ!
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-06-10 14:20:20 | GNUS | buy | $4.510 | long |
| 2020-06-10 14:20:20 | GNUS | buy | $4.510 | long |
| 2020-06-10 14:20:20 | GNUS | buy | $4.510 | long |
| 2020-06-10 14:20:20 | GNUS | buy | $4.510 | long |
| 2020-06-10 14:26:09 | GNUS | buy | $4.440 | long |
| 2020-06-10 14:26:09 | GNUS | buy | $4.440 | long |
| 2020-06-10 14:26:09 | GNUS | buy | $4.440 | long |
| 2020-06-10 14:26:09 | GNUS | buy | $4.440 | long |
| 2020-06-10 14:28:59 | GNUS | sell | $4.530 | long |
| 2020-06-10 14:28:59 | GNUS | sell | $4.530 | long |
| 2020-06-10 14:28:59 | GNUS | sell | $4.530 | long |
| 2020-06-10 14:29:37 | GNUS | sell | $4.600 | long |
| 2020-06-10 14:31:01 | GNUS | sell | $4.620 | long |
| 2020-06-10 14:31:01 | GNUS | sell | $4.620 | long |
| 2020-06-10 14:32:16 | GNUS | sell | $4.600 | long |
| 2020-06-10 14:33:08 | GNUS | sell | $4.610 | 0 |
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