VLTC Trade on Apr 9, 2015 14:08 from jmos_BOWS: Tradervue User Stock Trades.

PLAY: Bull Flag/short squeeze

I was short bias overall but didn't have shares to short. It looked very strong though and after the top was put in and couldn't fade and kept making higher low, I thought another short squeeze could happen especially right under a round # where buyers will step in. When it consolidated for a couple hours and seemed ready to break out, I got in with volume. It stalled a bit but tried to be patient as it was playing games with the spread. I got shaken out on a small flush as the spread got 10cent wide and got stopped out. Proper stop was around 5.70 but I kept bringing it higher with the 20ema as it was holding and looking like it was going to go.

Reasons to sell: stopped out