Stock Du Jour, Wed. Apr. 29, 2020, CAPR

Added on by C. Maoxian.

Capricor Therapeutics Inc (CAPR) was the stock du jour, doing 659,000 (!) trades and $1.63BB in volume … IB had shares then ran out then got them back as it continued to squeeze then ran out again … instead of monkeying with the erratic borrow I simply paid the bookie 4.81 cents per share ($481 per 10,000) … when it finally gave me a spot, I got tricked by a tick then poked out and on my second attempt got slipped for ten cents which was sort of my fault, and it was right near the close and I was exhausted from watching it all day and just clicked out for a 25 cent loss and it went straight to target after hours … Murphy’s Law … two swings, two misses … now the real question is why didn’t I get long this? I’m going to devote May to the long side (I always say I’m going to do this but never do).

UAVS was the other in-play stock … I couldn’t get a locate at the bookie, oddly, maybe it’s a Reg SHO Threshold list stock? Anyway, I did actually get long this one in the afternoon using IB (dumb, I paid a huge amount of commissions today at IB), but then I bungled it a bit, not entirely of course, I did make money, but it wasn’t comfortable the way the short side is for me. UAVS did 179,000 trades and $232MM in volume. I also traded CMRX which was ETB, therefore I got my ass handed to me repeatedly as it tricked and trapped, as ETBs always do. Revenge traded that one a bit too, which predictably tripled the original loss. Every day is a struggle, an exhausting battle with one’s demons. I can’t wait for tomorrow, lol.