I know its basically the same price at which I covered, by but covering in the morning and waiting for the stock to prove it wouldn’t bounce, I reduced my risk…even if I also minimized my reward since the stock dropped all the way to $2.30…yup, thats how fast pump & dumps can tank.
I also posted this blog post with my detailed research, some people claim the doctor got his license back, but I can’t find any links suggesting that so I take it with a grain of salt. Doesn’t really matter, the reason this stock crashed was because it was up so much due to stock promotion, just like GVBP, CVRG, UOMO, HYHY, KYUS, there’s been dozens of these things. I’m -reshorting over the weeknd because this is still early in the pattern, just its first down day and considering it gapped higher 3 days in row, there’s a good chance it’ll gap lower 3 days in a row now that the dump is on. Risk is the company releases some more hype-ish news and stock promoters send out more emails, but this is still up from $1 so I like my odds and will look to cover next Monday.