Shared by
beno
Fundamentals
-Float = 63M
Catalysts / News / Painting the picture
-Jan 15 2020: Receives $502.8 Million Plus Interest, Supplemental Damages, Costs and Ongoing Royalties in Final Judgment in Apple Suit
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Bull Flag
-Other notes: N/a
Strategy / Confluence / Sizing Guide / Risk
Strategy: N/a - Long purely based on news
Confluence: N/a
Strike Zone: N/a
Sizing (lots + emergency): 1000
Risk (stop / Rs): Hold below 5.6
Review / Lessons Learned
They're receiving $500M in payment which is more then their market cap so I took news as bullish. Took long after initial selling on resumption, missed nice sells at 6.2 as I was expecting the price to climb higher. It capitulated around resumption price so I started to unload when I noticed sellers really stepping in. +0.5R here
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-01-15 11:39:31 | VHC | buy | $5.790 | long |
| 2021-01-15 11:39:31 | VHC | buy | $5.790 | long |
| 2021-01-15 11:39:31 | VHC | buy | $5.790 | long |
| 2021-01-15 11:39:31 | VHC | buy | $5.790 | long |
| 2021-01-15 11:39:55 | VHC | sell | $5.900 | long |
| 2021-01-15 11:39:55 | VHC | sell | $5.900 | long |
| 2021-01-15 11:39:55 | VHC | sell | $5.920 | long |
| 2021-01-15 11:39:56 | VHC | sell | $5.900 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | long |
| 2021-01-15 11:40:12 | VHC | sell | $5.820 | 0 |
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