BBI Trade on Jan 18, 2022 09:47 from xmadmike: Tradervue User Stock Trades.

Bought this cheapo stock spiking up after a delist notice, likely a pump:

" the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 per share for 30 consecutive business days"

"If compliance with the Rule cannot be demonstrated to Nasdaq’s satisfaction by June 13, 2022, Nasdaq will provide written notification that the Company’s common stock will be delisted."

The company must regain compliance with this either by pumping their stock price to above $1 or conduct a reverse split. With this in mind, wanted to be patient with this trade as the bigger picture is a $1 goal.

Longed it after a confirmed gap and crap reversal after market open risking the bottom of the channel. Then stayed patient until it hit $0.40 resistance which was the previous gap down price.

Sold half on the $.40 test and wanted to swing the rest. Unfortunately, I adjusted my risk to .32 and the stock dropped to just below that which got me out. Will revisit, when it develops more/conducts a reverse split.