Craig Drusbosky

Didn't think I'd get hit @ $31 in $XE so fast. Long some now, small starter size. Los of volatility.

Ouch $ELMT. No bottom in sight for this recent IPO it appears. Hard stop at pricing for me.

Would probably cut $YSS if it closes below $30 which is where the 8-ema is on the Weekly chart. Expect some consolidation for a bit to digest that huge move from lows. If that happens, I'd entertain adding but for now going to stick with a small position and see how it plays out.

Missed $XE. Knew it would be a big open on IPO day but I never saw the setup on Friday. Go figure it explodes today. Would try this one if it retests $30-31 again. NP

$FPS missed tagging ATHs by 4 cents. Still think $40+ will be seen. Long

Nice reversal day for $AVEX. Back to what I had on IPO, didn't think today was the day to really plunge into it. If the chart actually sets up down the road that's when I'd be aggressive in terms of position size.

Stopped out 1/2 $ARXS on new lows.

Added back to $AVEX @ $28.20. HOD on IPO day was $27.96 so this area should be a decent spot to try adding back imo. No rush to do anything else though this name is a battleground stock now.

Cont - Thin too so can catch momentum if volume really showed up. Very curious to see how it trades next week first full week of trading.

Last position is a small starter in $ELMT from $20 on IPO day, so underwater there. Lots of chatter on this one. I see why it can be good just needs to find a bottom and build a chart.

$PAYP another one that is winding up tight. ER 5/7. Long small.

$CRCL daily is wound up. ER coming on 5/11. Might put a stop for half below last week's lows then try sticking with the rest until earnings. Long

$FPS chart is looking pretty good. Ideally can add again before it goes for highs but buying this one in the mid 30s has never paid. Avg price right now is $29.60 but only a 3% position.

$AVEX will be a battleground stock for the foreseeable future. Wild ride from the IPO a week ago to every big Fintwit account talking about it. Long small, sold a bunch Day 2 as high as $40 so sitting on what's left looking to add lower.

$ARXS made new lows yesterday. Not great action in week 2 of trading. Still long but will have some stops for 1/2 the position in next week.

Taking a shot in $YSS @ $32.70 just above where the LOD was on IPO day back earlier in the year. This made a new all-time high just two days ago but it's had a massive run so this pullback makes some sense and the other Space IPOs $FLY $VOYG also pulling back. Small size to start

Couldn't have been a worse close on Day 1 for $ELMT. Closed below opening print. Small size so letting it play out but not what you want to see on Day 1. Needs to find a floor tomorrow or there's a risk it has a magnet pricing down at $14.

Bought some $ELMT @ $20. Hot open. Obviously LOD needs to hold. Small size.

Trading halted in $CAR now! I guarantee there are some savvy traders who shorted yesterday and made a killing. A future HBS Case Study. Volkswagen 2.0

Will watch $ELMT in IPO land tomorrow. Not a ton of conviction but markets are better right now and IPOs are getting attention.