Nerdy | NRDY | Long at $0.84
Nerdy 
NRDY - a pure technical analysis and "insider buying" play. Gamble - nothing else. CEO and Director are grabbing millions of dollars' worth of shares under $1. Float: 66 million. Short interest: 8%. Historical simple moving average approaching price, which often leads to a jump (but this may take a while...). Delisting, bankruptcy, etc are absolutely possibilities, too...
Rolling the dice at $0.84.
Target #1 = $1.00
Target #2 = $1.25
Target #3 = $1.45
NRDY - a pure technical analysis and "insider buying" play. Gamble - nothing else. CEO and Director are grabbing millions of dollars' worth of shares under $1. Float: 66 million. Short interest: 8%. Historical simple moving average approaching price, which often leads to a jump (but this may take a while...). Delisting, bankruptcy, etc are absolutely possibilities, too... Rolling the dice at $0.84.
Target #1 = $1.00
Target #2 = $1.25
Target #3 = $1.45
Trade active
Target #1 reached for a 19% gain.Note
Target #2 reached for a 48.8% gain.Trade closed manually
Closed out trade at $1.35 for a 60.7% gain on the remaining shares. Target #3 will likely be hit, but not a company I (personally) want to buy and hold - took the trade for quick profits.Note
Target #3 achieved, which would have totaled a 72.6% gain - in just 8 days!
Trade and coverage closed.
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