$941 Profit
ZAGGLong Stock

Entry comments: This beaten down stock is breaking out of a multi-month base today on no news, good reaction to earnings the other day, I think its just a value buy, possible acquisition even though their business is stagnant & competitors coming from everywhere. I'll trust this technical breakout means something, goal is to make 15-30% over the next few weeks/months
Exit comments: Selling for puny gains as this didn't uptrend as expected on the technical breakout/Beats acquisition like I thought, it's now re-broken out but I'm not sure if it will hold so I'm playing it safe and taking profits
Newsletters:Small Cap Millionaire
Broker:Interactive Brokers
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Position Updates
- May 12, 14 2:50 PM: Bought 7000 at 4.84 - This beaten down stock is breaking out of a multi-month base today on no news, good reaction to earnings the other day, I think its just a value buy, possible acquisition even though their business is stagnant & competitors coming from everywhere. I'll trust this technical breakout means something, goal is to make 15-30% over the next few weeks/months
- May 30, 14 1:29 PM: Added 3000 at 4.53 - Adding to my position here on the dip at the bottom of the range, I still think it spikes over 5 soon
- Jun 10, 14 10:11 AM: Sold 10000 at 4.84 - Selling for puny gains as this didn't uptrend as expected on the technical breakout/Beats acquisition like I thought, it's now re-broken out but I'm not sure if it will hold so I'm playing it safe and taking profits
| Date | Price | |
|---|---|---|
| Entry | 5/12/2014 | 4.747 |
| Exit | 6/10/2014 | 4.84 |
- Total Views966
- Position Size10,000
- Percentage1.96%
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