timothysykes

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

000

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
DatePrice
Entry5/12/20144.747
Exit6/10/20144.84
  • Total Views966
  • Position Size10,000
  • Percentage1.96%
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