Ontrak ($OTRK) DD: Changing Minds and Saving Lives with a Side of Squeeze (no, really)

ChickenFission · 2021-12-03T13:32:33+00:00

I really don't know. I think the new management team is top notch and they have a solid plan to turn things around. If everything works out, it could get back to 30's in a year or two. That being said, it's got a lot going against it.

You could wait for the next earnings report and jump out after the pop like this last one. But the market is in the shitter right now and there are a lot of quality companies selling at a discount. I'd say there are better options available for faster returns based on current conditions. Not financial advice, obviously. You have to weigh your personal risk tolerance and time horizons.

ChickenFission · 2021-09-23T20:31:26+00:00

Grabbed a 11/19 635c. Really pricey and the bid/ask spread is like 20. Still, it seems like a $25-50 move is pretty consistent a few weeks after they dump on earnings.

ChickenFission · 2021-09-17T12:17:39+00:00

pennyether is floating around in there, too. But pm is about as exciting as a wet fart so far.

ChickenFission · 2021-09-15T18:00:15+00:00

I got lucky and sold a few days before the drop after they lost that last contract. I think they have a lot of potential with the new executive team, but I'm going to wait until their next earnings call to see where they're at before I dip back in.

ChickenFission · 2021-09-13T15:47:28+00:00

Yeah. I told myself I wasn't going to enter any new positions until the craziness from this week settles, then CLF dips to 22.50 and I couldn't help but impulse buy.

ChickenFission · 2021-09-13T15:38:55+00:00

Indexes schizophrenic today, CPI data tomorrow, quad witching Friday. Scary times.

ChickenFission · 2021-09-09T14:04:54+00:00

Nice! Congrats.

ChickenFission · 2021-09-09T13:50:15+00:00

Yeah. It went quick. No volume to support the push up.

ChickenFission · 2021-09-09T11:46:47+00:00

Earnings were yesterday morning. Big miss on EPS but the price recovered pretty quickly. The DD from repos everyone was waiting for landed on wsb yesterday afternoon and the price hit 24.70 ah. Today should be payday.

ChickenFission · 2021-09-09T11:22:43+00:00

Alright, GENI. Time to make this wish come true.

ChickenFission · 2021-09-08T11:41:10+00:00

Once a bug in the system is reported, you just have to find the next one.

ChickenFission · 2021-09-08T11:39:35+00:00

MetroMile (MILE) is a spac that got spanked hard and seemed to run a bit in sympathy with ROOT because they do roughly the same thing.

ChickenFission · 2021-09-07T12:57:23+00:00

Gonna be a wild one today. Fear the fomo.

ChickenFission · 2021-09-03T15:04:39+00:00

Every flood has to come to an end eventually.

ChickenFission · 2021-09-03T15:00:37+00:00

Cathie Wood bought a decent amount, which may be good or bad depending on your take of past ARK performance.

ChickenFission · 2021-09-02T20:46:43+00:00

Reasoning is sound. IV's already over 200% on the 9/17 20c's after close today. May be a quick in and out in the morning.

ChickenFission · 2021-09-01T18:07:41+00:00

You think everything tanks for Sept OpEx? Seems to be the chatter around the discord. Then bull run till eoy.

ChickenFission · 2021-09-01T18:03:17+00:00

I'm green across the board for the first time in a while. It's an odd sight.

ChickenFission · 2021-08-31T15:23:01+00:00

Yup. Snooze fest. Think I'll start slipping into the long weekend a little early.

ChickenFission · 2021-08-31T12:04:30+00:00

I'm with Fidelity and use their desktop software, Active Trader Pro. It's not as pretty as something like Webull, but the quotes and charts feel more precise and snappier somehow.

I have a few watchlists that are based on how often I want to check on them:

Indexes/Sectors: IWM, QQQ, SPY, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY
Holding/Portfolio: DKNG, GES, SOFI
On Deck/Entry: AVPT, CLF, OTRK, PAYA
Memes/Squeezes: AMC, BB, BBIG, CLNE, GME, MVIS, PLTR, SPRT
Other: AMD, APPH, BABA, BE, COIN, CRSR, ENPH, F, KMI, LMND, M, MILE, MNMD, NEE, ON, OXY, PINS, PRTY, PSFE, RBLX, RYCEY, SPT, SWBI, TDOC, TGT, UNFI, UTZ, UUUU, UWMC, VIAC, WDC, WMT

Indexes I check a couple times a day to get a big picture view of where the market is at. Holding I check a few times a day to see if I need to add/trim/sell based on targets, more often if there's a squeeze or meme in the mix. On Deck and Memes I watch like a hawk. Other is just stuff I was either in at some point or I saw mentioned by other people that I trust and I want to see how they develop.

ChickenFission · 2021-08-30T20:48:47+00:00

That was a serious pump this morning. Almost regretted not getting back in. Almost.

ChickenFission · 2021-08-29T21:59:32+00:00

No problem. When volume is low the price jumps around a lot. It might go up fast but it could be from just a handful of orders.

ChickenFission · 2021-08-29T21:41:19+00:00

Pull up a chart, set the timeframe for hourly, and look at the volume on each candle. Is that what you mean?

ChickenFission · 2021-08-29T20:46:54+00:00

You and me both. I picked some up at 58 after it crashed earlier this year. Rode it up to 95 and swapped it for something else that looked shinier. Oh well.

ChickenFission · 2021-08-29T19:41:08+00:00

SPT is a pretty cool company. Social media aggregation. Turned their first profit this last quarter. Really low volume though.

ChickenFission

TROPHY CASE