Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (10 issues)
Broke down -4.8%, 58% off the high — the energy-drink growth story stalled and the multiple still isn't cheap; no rush to bottom-fish
Down 3.3% to $28.99, closing through the $29.6 stop — discipline says out, so we're out. Citi, Needham and Stifel all cut targets on margin worries, and a 450k-share related-party forward settlement added real supply. Stopped and closed.
Down 0.8% to $29.98, day nine at 1.3% above the $29.60 stop — this siege has rations for exactly one more red candle
Up 0.2% to $30.21, still alive on day eight of the stop-line siege — the $29.60 discipline yields not an inch
Down 2.5% to $29.83, just 0.8% above the $29.60 stop — day seven's final ultimatum; a break means walking, no sentiment
Up 0.3%, a sixth day grinding just above the $29.60 stop — breakout or breakdown, the market owes this position an answer
Down 0.3%, still grinding between the 20- and 50-day; the $29.60 stop stands a fifth day — it won't commit, we won't loosen
Down 3.5%, back to the 20-day tug-of-war; the $29.60 stop stands — a break means out, no negotiation
-4.1% pullback but above the 20-day; long -4.1%, exit below $29.6
Energy drink -0.4%, +11% week; revenue +123%, back above the 20-day