Also to keep in mind is the High for the day was $11.48 and the low was $10.72. And the next 2 trading days were red days trading down to a low of $9.71 trading around the low of the other candles sticks as support
$1,009 Profit
MNKDShort Stock

On Friday 6/27/2014 1 hour before market closed news came out and the stock dropped to a low of $8.20 before recovering. In after hours it had climed to $11.04 On Monday 6/30/2014 in premarket the price started at $11.04 to $11.35 before going to $12.37 The lesson here is when there is a lot of hype the previous trading day watch the next day in premarket and let the price rise as high as possible. My buy in was at $11.35 at 6:16 AM Had I waited till after 7AM would'da done buy in at $12.37
Newsletters:Pennystocking Silver
Broker:Scottrade
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| Date | Price | |
|---|---|---|
| Entry | 6/30/2014 | 11.35 |
| Exit | 6/30/2014 | 10.7683 |
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lightflash7970Jul 04, 14 10:55 AM
lightflash7970Jul 04, 14 10:58 AM
Also the closing price on Friday the 27th was $10.01 down from the previous day -$0.58