This post was just published on ZYX Short Change Alert.
DGLY stock went parabolic after the news that a few of its cameras have been used in Ferguson bought through donations. The good news is that some stock became available for shorting around $32. Those with experience should have taken advantage of this availability. The new plan is to slowly build a position in 5% full core position size increments without any stops. The method of risk control is accumulation in very small tranches.
DGLY had now become a very different from the original trade. Since profits were taken on the original trade, this is the first time there should be a fill around $32. The original trade is now closed out and this is considered a new trade with 5% at $32.
