$135 Profit
CIGXShort Stock
Entry comments: High flyer bio, w/ great r/r. Plan to try to hold and cover in low 4s if/when market takes a turn for the worse.
Exit comments: Good enough. This could be a potential reshort, but the bollinger bands are coming together, which tells me that downside is limited even though market cap is insane. Hopefully there will be 'news' spike the stock to mid-low 5s again for a reshort.
| Date | Price | |
|---|---|---|
| Entry | 7/3/2012 | 4.98 |
| Exit | 7/10/2012 | 4.53 |
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