Trade is based upon the Follow the Leader strategy using .
openinsider.com so this trade from adam t fienstien where he bought 1 million shares
at 4 dollars per share looks like a good trade to me, Adam has to hold for 1 quarter this position
the chances of it being worth more than 4 dollars by then is extremely high.
The time that he bought these shares they closed an offering which is a sign that they stopped adding supply to the share float.
the stock is in an accumulation pattern currently and could stay there for a few more weeks or so , so no rush to enter all in at once but just scale in to the position being that the price adam entered was 4 dollars and the current price is 4.90 , it's already .90 cents above the price of the 10% directors position , I think if the price goes down to 4 dollars or even say 4.25 I would consider buying a position in this holding the 3 months out until around september or so maybe close around my birthday at sept 30th.
openinsider.com so this trade from adam t fienstien where he bought 1 million shares
at 4 dollars per share looks like a good trade to me, Adam has to hold for 1 quarter this position
the chances of it being worth more than 4 dollars by then is extremely high.
The time that he bought these shares they closed an offering which is a sign that they stopped adding supply to the share float.
the stock is in an accumulation pattern currently and could stay there for a few more weeks or so , so no rush to enter all in at once but just scale in to the position being that the price adam entered was 4 dollars and the current price is 4.90 , it's already .90 cents above the price of the 10% directors position , I think if the price goes down to 4 dollars or even say 4.25 I would consider buying a position in this holding the 3 months out until around september or so maybe close around my birthday at sept 30th.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.