DRaMA dinged yesterday and gave good profits into the EOD (end of day) close, but woe to those who swung it. Nano float (sub million) so they can do whatever they want with it… including running it over 300% before 6AM … bot dings just above $2 would have been bad, but I was fast asleep and don’t have an HTB (hard-to-borrow) bot. It gave a good ding at the RTH (regular trading hours) open, but I missed it. Too bad since it would have been a huge winner.
There were 11 dings pre-open (including two cheapies) and another 7 dings in RTH (including cheapies), so that’s 18 dings on the day. Sticking $5,000 in each play, you’d have $90,000 at risk, which seems like plenty. Here’s a table of all 18 dings with the new PM High Fade and RTH High Fade columns. You can see that it was another crazy profitable day for the blind shorts.