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(Short)Textbook Pump. Will Update

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Shorting through $5.00. If you account for all the options and warrants, this company would have a market cap of

net identifiable assets of 500k (rounded)

Net tangible book value of $16 million (rounded)

Fully Dilated float of 57 million, which results in the company being worth 1/2 billion

Wanted to post this at $5.00. they were providing bid support to try to attract institutions, but I don't think that is going to work. It already broke through
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ENTRY 1/2 INTENDED POSITION
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(edit) the net identifiable assets figure was for the Acquisition of Intermeccanica acquisition, which constitutes a large portion of real tangible assets not including cash
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Fill $5.25 average $5.04
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taking loss $5.36 -6%
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add 1/4 5.11
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fill 4.97
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average 5.00
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out 5.17, chased it down.
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Sell high, buy low -- that is the mantra. Can't win them all, and this stock has a lot of buzz right now. Let it run it's course first, then I'll try to get another position
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They want to keep it above 5 so they can attract unsuspecting institutional investors and speculative risk friendly hedge funds
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$5.56 nice save
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.66
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5.84. Loss doesn't look so bad now. Risk Aversion/Capital Preservation > Gains
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.95
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6.08
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Could have taken a shot at 6 with a tight stop. Was worth a try. Got up to get a coffee and came back and it was down 40 cents.
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Going to have to ask tradingview to let me edit because I was trading and posting this at the same time, so I rushed to post
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Fully diluted share count is actually 33 million. I was going off their 2017 financial statement from April, but they did a 2 for 1 reverse split. Rushed this one
Beyond Technical AnalysisSOLO

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