$UAVS - low risk/reward - low float / insider buy/ accumulation

May 24, 2019

UAVS

1. recent contract news
2. Had major catalyst last month from news
3. Accumulation near .27-.30 range/ Insider buys insideri.com/8504_000157570519000078_0001575705-19-000078
4. Uptrend - making higher lows
5. low float / low volume

I think this might have another nice catalyst..

IDEA
1. buy near support area .27 - .32 (Someone is watching the tape so I would scale out at any 6-8% and rinse and repeat. / I think over .42 buyers will start to load more.
2. Set a tight Stop loss at .03 below your entry (I would do mental stop and honor it if it breaks that level).

Lots of bag holders from the last catalyst so I think this might run again.
Long term play - do your DD as I think there's growth with this company and contracts. however, it's all speculative unless the company comes out with PR to back it up.
Good Luck and play with smaller size to average down.