Use coupon code FREEDOM30 and receive 30% off any annual subscription: http://bit.ly/Freedom30 Overnight for the gap up, and the SEC halts the stock for two weeks. When it reopened, I added to average down for a bounce. No bounce so I got out. A big thanks to the SEC for saving investors from losing money. Only the SEC would create the PDT rule, forcing traders to hold positions overnight, and halt stocks in pre-market.
| Date | Price | |
|---|---|---|
| Entry | 6/24/2013 | 1.4287 |
| Exit | 7/10/2013 | 0.3665 |
<a href="http://s1263.photobucket.com/user/TimLento/media/Trades/BIZMdaily_zps9aa0a572.png.html" target="_blank"><img src="http://i1263.photobucket.com/albums/ii630/TimLento/Trades/BIZMdaily_zps9aa0a572.png" border="0" alt="BIZM daily photo BIZMdaily_zps9aa0a572.png"/></a>
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<a href="http://s1263.photobucket.com/user/TimLento/media/Trades/6-24-2013BIZMentry_zps77bfc8b9.jpg.html" target="_blank"><img src="http://i1263.photobucket.com/albums/ii630/TimLento/Trades/6-24-2013BIZMentry_zps77bfc8b9.jpg" border="0" alt="BIZM entry photo 6-24-2013BIZMentry_zps77bfc8b9.jpg"/></a>
Ouch!
