mk55Oct 05, 14 10:31 PM
Should you have a short position on ITKG?
$1,594 Profit
ITKGLong Stock
Entry comments: One of my longtime favorites is finally uptrending every day, took out longterm resistance at .30, new Seeking Alpha story mention in the last hour, now breaking out, goal is to make 20-50% in the coming weeks/months, limited downside given low price/low expectations
Exit comments: Sold the rest of my shares into this HUGE spike, this is what I've been waiting for for SO many months...wish I didn't sell so many yesterday right before the spike, but what can you do? Congrats on this solid win, I don't trust this stock, it has never held its gains
Newsletters:Small Cap Millionaire
Broker:Interactive Brokers
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Position Updates
- Jul 18, 14 12:06 PM: Bought 57500 at 0.34 - One of my longtime favorites is finally uptrending every day, took out longterm resistance at .30, new Seeking Alpha story mention in the last hour, now breaking out, goal is to make 20-50% in the coming weeks/months, limited downside given low price/low expectations
- Jul 29, 14 10:23 AM: Added 7500 at 0.325 - Dip buying this one as its come down due to no news, but I expect some later this summer and the chart is now uptrending so I'll add to my position on dips
- Sep 16, 14 10:32 AM: Sold 35000 at 0.34 - Taking some small profits on this one as it' just taking too long for me to have such a big position near the to of its recent range, still long some, still like the story, this is just risk management 101, I always reduce positions when a stock doesn't do EXACTLY what I thought it would...these guys need some serious PR help
- Sep 17, 14 11:05 AM: Sold 30000 at 0.40 - Sold the rest of my shares into this HUGE spike, this is what I've been waiting for for SO many months...wish I didn't sell so many yesterday right before the spike, but what can you do? Congrats on this solid win, I don't trust this stock, it has never held its gains
| Date | Price | |
|---|---|---|
| Entry | 7/18/2014 | 0.3383 |
| Exit | 9/17/2014 | 0.3677 |
- Total Views1,012
- Position Size65,000
- Percentage8.69%
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