Alex

Small Cap Trader. Former Poker Pro.

[Alex @AlexelA747]

@SmallCapSmarts Some big guys (e.g. a large hedge fund or quant firm) decided to enter the SC space and eating up all cheap locates before they can get to retail?

[Alex @AlexelA747]

@SmallCapSmarts Something to do with the #LNAI lawsuit?

[Alex @AlexelA747]

I saved a lot of money today by not managing to get any locates for NXXT. Trading so easy sometimes

[Alex @AlexelA747]

@xavier_comas @SmallCapSmarts Locates are even worse than usual today because it is a bank holiday in the US. Hopefully back to the "normal bad availability" tomorrow

[Alex @AlexelA747]

@FloatMechanics

[Alex @AlexelA747]

Lots of momentum in SCs yesterday but somehow I missed most of it. On #NWGL I got stopped out and then missed the dump shortly after and I missed #OMH entirely, which might be good thing as it looked difficult to trade. In the end a modest green day so not too bad, but I can't shake the feeling that I missed out on an exceptional day. Today I am short #OMH atm, don't want to miss out on that again.😅

[Alex @AlexelA747]

@TheoryTrading Not sure if serious, there are 10 tickers with an HOD up over 80%...

[Alex @AlexelA747]

The hottest SC day in weeks and my good old friend #OMH is leading the way.

[Alex @AlexelA747]

@FloatMechanics Lol, definitely don't have millions 😂

[Alex @AlexelA747]

Finally a great day yesterday, no stops, no drama, all the locates I wanted and managed to stay out of the difficult tickers like #AEHL. Thanks in particular to #ELPW. SC market seems to be waking up too.

[Alex @AlexelA747]

#WFF recently and now #OMH even crazier, very strange... Not sure what is going on, but definitely not a good time to short SCs atm

[Alex @AlexelA747]

/October, ended up +$117k which is fine, but a bit disappointing to give up quite a bit of profit in the last 10 days. Even more disappointing is the SC market overall, it has been more dead than I have ever seen it and there is no indication it is about to turn. Though I have spent quite a bit time in the lab in this quiet period, so hopefully something good will come out of it.

[Alex @AlexelA747]

@Muninn @Kinfo I have a great idea for a new trading strategy: Buy a bunch of random symbols, sell the ones you are up after a few days, never ever sell the ones you are down on. Then you never have any realised losses and retire happily with 100% win ratio and an insane amount of money

[Alex @AlexelA747]

Quite frustrating week, barely any good setups and for the one setup #RBNE that would have saved the week I could not get any even remotely affordable locates. Overall down $65k but still up $200k for the month, so can't really complain (yet). Was was worrying though was the insane locates pricing, never seen anything like this in my (admittedly short) time trading.

[Alex @AlexelA747]

@TradetheMatrix1 Lack of imagination of the SC scammers imo. Would make good headlines to moon the stock

[Alex @AlexelA747]

@SmallCapSmarts I saw a few decent locates offered just after 4am, but I was not fast enough to get them

[Alex @AlexelA747]

@SmallCapSmarts And who is doing the selling for the 100mln trade volume? Can't be all insiders, and can't see many people paying $0.50/locate. Surely at least some institutions must be getting decent locates.

[Alex @AlexelA747]

It feels harder and harder to get any locates #RBNE. If anyone knows of a broker with great locates availability let me know pls.

[Alex @AlexelA747]

The most frustrating day. After SC market being dead for days, finally a juicy pop #RBNE but I cannot get any locates at even halfway reasonable price, lost out on trade of the month. Then for #SPHL I send a few locates request to route for absolute maximum I am willing to pay. No reply to either, so I assume they did not fill, until 14 minutes later I get confirmation that I got filled for 3 requests and for double my quote price - $SPHL will have to work hard to get me to breakeven.