GrowleyMonster's Sorta Journal

vanzandt · Nov 15, 2019

vanzandt said:
AMZN is of course falling without me along for the ride.
$1762 now.
Tempted to put an order in to buy if it hits 1759ish, it'll get a dead cat bounce there on some near term support.
I'm not gonna do it though, I bet it flatlines down there and then drops like a rock in a day or so.

Edit... yeah it looks like that support kicked in at about 61/62 not 59, I saw that, but I thought it might shoot through it a bit. Note how its doing its own thing and not following the S&P and the Naz today... interesting actually, thats a decent sized diversion really. We'll see... but I think 1730 or lower is a very real possibility near term.

There's $1737. Down 1% with the entire market green af.

vanzandt · Nov 27, 2019

In short. The mighty AMZN @ 1815.22

vanzandt · Nov 29, 2019

Took about a $3 hit Weds. I was betting that it would close near the 200 day. ($1812ish) That said, I opened the position too early in the day again.

I'm tempted to chase the loss here at $1822 but I'll wait.
Lol.... as I typed its back down to 1815.
F.

vanzandt · Dec 3, 2019

I love this stock for the long haul.... but right now its gonna drop.
Worth holding the position a few days.
$FIVE
S @ $116.85

EDIT: Ok they report their Q3 tomorrow after the bell. That changes the plan a bit. For holding it this week. More research needed. Probably just going to close it now.

vanzandt · Dec 4, 2019

vanzandt said:
I love this stock for the long haul.... but right now its gonna drop.
Worth holding the position a few days.
$FIVE
S @ $116.85

EDIT: Ok they report their Q3 tomorrow after the bell. That changes the plan a bit. For holding it this week. More research needed. Probably just going to close it now.

Long this pig at 117.41.
No stop on the bottom, just watching it... I'll close if I don't like it.
will definitely be closed by the eod, probably way sooner. I'd like to get $121. We'll see.

vanzandt · Dec 5, 2019

Ok playing FIVE again today. I made about $1 yesterday on the above.
Gonna sit on my hands here and let it spike up.
Afraid to take it long, but I imagine the shorts will pile on here so it'll go up sharply before it comes back down.
As I type its moving up nicely.
more to follow.........

EDIT... Ok... I'm resting a short order, that if it fills I will hold overnight or longer, at $134 for now. I may bump it up. Thing about this stock is though, the float is pretty much all the shares outstanding so it may not squeeze up too bad, like some of these high flyers that have a very low float. So it may not make it to $134. If it starts down I'll jump in early. $128 now. Playing out as expected.

vanzandt · Dec 5, 2019

Ok I went long at 126.64
edit... out. 125.75
It just looks too weak.
I know its gonna go up though... but when the bottom drops out, if it does today, it'll be swift.
Edit... Back long at 124.82
out 124.62

edit short @124.37 Its done

vanzandt · Dec 5, 2019

vanzandt said:
Ok I went long at 126.64
edit... out. 125.75
It just looks too weak.
I know its gonna go up though... but when the bottom drops out, if it does today, it'll be swift.
Edit... Back long at 124.82
out 124.62

edit short @124.37 Its done

Just covered at $121.74.
Why be greedy.
Its still a good short but I'm done for the day.

vanzandt · Dec 25, 2019

vanzandt said:
but BYND.... man its established a classic H&S. Its overvalued af and the only reason its this high is because the float is so small and the short interest is so high.

BYND has established a classic H&S. Its not going much higher. Maybe $173 if its lucky. It'll retest $145, and then the bottom should fall out. Here's the deal though, when the bottom does fall out, its going to come without warning. It'll be a swift and brutal fall to $100. Its gonna happen, the question is when.

View attachment 207846

The stock is worth $100 tops.

I hadn't looked at BYND in awhile.... it came up in another thread... but it sure played out like I wrote.

$145 and boom.

I like that little one week long dead cat bounce off of $100, and then the elevator down to $80. You can bet a lot of retail players got suckered in on that one, and then lost their ass.

GrowleyMonster · Dec 25, 2019

vanzandt said:
I hadn't looked at BYND in awhile.... it came up in another thread... but it sure played out like I wrote.

$145 and boom.

View attachment 215798

I like that little one week long dead cat bounce off of $100, and then the elevator down to $80. You can bet a lot of retail players got suckered in on that one, and then lost their ass.

Yup. I did good with it, though.