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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.