MIT upcoming conference — Transcript

Full transcript

1. 0:00what's up guys Steven ducks here today I
2. 0:02want to talk about three stocks and one
3. 0:04upcoming conference and MIT so this is
4. 0:09my imitation letters so it's going to be
5. 0:12a 15 April 15 2008 een in MIT in this
6. 0:19stat Stata Center so if you're
7. 0:23interested please come and it's
8. 0:25completely free so if I get to know
9. 0:27about me or get get to know about
10. 0:30harlotry stocks to get some intro
11. 0:34informations this is the rip this is
12. 0:36really good chance to get to know me
13. 0:38I'll put the link below under my youtube
14. 0:42videos so please check it out and you
15. 0:45can register from there and today's talk
16. 0:48I trade it and this PR is ast c and g RN
17. 0:53all of the three stocks has the same
18. 0:57comment they all feel a long-term spikes
19. 1:01all the time and the way to trade it is
20. 1:05to focus on the morning spike as I said
21. 1:10shorting to morning spikes are really
22. 1:12dangerous so you have to be really good
23. 1:15looking at level twos looking at how
24. 1:17much fun it's being traded and what's
25. 1:19the flow was to monkey cap and all of
26. 1:21that so basically it's judge basically
27. 1:24stretched by your market experience to
28. 1:28either choose to short into the morning
29. 1:30spike shorting to strength is always the
30. 1:32best thing to do shorting but sometimes
31. 1:36the stock keeps going so you don't have
32. 1:38enough time to cut your losses so that
33. 1:41will be a significant losses especially
34. 1:45on the first green day
35. 1:46so shorting into one in spike without
36. 1:50any resistance but if you know the stuff
37. 1:53always fell to spikes all the time and
38. 1:57the stock did a reverse split packing
39. 2:01think is February around so it
40. 2:09now they are likely to do offering all
41. 2:15the painting Stockstill x2 do they like
42. 2:18to pump to start in the pre-market and
43. 2:21dump into the morning spike and after
44. 2:24altitude like a offering this is how
45. 2:27they pump the stock and a CST on a STC
46. 2:31it's the same thing but they didn't do
47. 2:33your offering
48. 2:34so you see a gigantic morning spike once
49. 2:38you start filling the morning spike try
50. 2:40to test this 341 double top and start
51. 2:44failing and decided to sure around 2 323
52. 2:49turning yesh and turns out you worked
53. 2:52out so we are surely morning spikes it
54. 2:55doesn't really you don't really know
55. 2:56where it's gonna end to be but you can
56. 3:00start in your positions by writing the
57. 3:03trend so shorting into morning's why you
58. 3:05can't ever go into your full positions
59. 3:08and can't really sizing that much
60. 3:10because on first Green Day chocolate
61. 3:12tends to round tends to holy scans alarm
62. 3:17better than moti dear burner so that's
63. 3:20why I have to be careful with the first
64. 3:22Green Day shorting - morning spike grn
65. 3:27same thing long-term chart if you look
66. 3:29at it around 10 years you always fail it
67. 3:33spikes when they have a significant me
68. 3:38wrong
69. 3:38so back in 2013 back in 2000 back in
70. 3:42right now it's 2018 so they lose this
71. 3:46again almost a hundred percent every
72. 3:49single time so inspecting the stock and
73. 3:55tends to fail it 6.5 area and twice so
74. 4:03that's your indicators to take a short
75. 4:10positions into our strengths so when the
76. 4:17stock and in this stock it doesn't have
77. 4:19really it's not really a small cap
78. 4:22I would say it seeing around mid cap and
79. 4:24the flow is relatively high compared to
80. 4:27an SPR and a STC so be really careful
81. 4:32shooting to two stocks
82. 4:33I think after our had some reference
83. 4:37training investigate about gr and pump
84. 4:44so let's see how item are turns out to
85. 4:47be I would say there's a support area
86. 4:50around for 25 and 407 so let's see if we
87. 4:56can go that to area but right now the
88. 5:01trend is pointing to the downside so be
89. 5:07careful along this kind of stocks when
90. 5:09the moment and start shifting you have
91. 5:10to get in you have to be really careful
92. 5:13and overall market is dropping so I
93. 5:17wouldn't be long at any stocks either
94. 5:23today or tomorrow we'll see how it turns
95. 5:26out to be and that's the lesson for
96. 5:28today thank you very much