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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